Positive.

From Barchart: 2024-12-22 15:00:02

1. The stock market rallied today, with the S&P 500 and Dow Jones both reaching new record highs. Investors were optimistic about strong corporate earnings and progress on a new stimulus package in Congress.
2. Tech giants Apple and Amazon reported better-than-expected quarterly earnings, driving their stock prices higher. Apple’s revenue rose 11% to $111.4 billion, while Amazon’s revenue increased 44% to $125.6 billion.
3. Tesla announced plans to build a new Gigafactory in Texas, which will produce the Cybertruck and Model Y. The electric car company’s stock surged on the news, reaching a market cap of over $800 billion.
4. The Federal Reserve kept interest rates near zero and maintained its bond-buying program to support the economy. Fed Chair Jerome Powell expressed confidence in the recovery but emphasized the need for further stimulus measures.

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