Tech stocks, including Apple, Alphabet, and Tesla, dominate headlines with positive developments
From Nasdaq: 2024-12-12 02:15:00
- Stocks rise as CPI data meets expectations, setting the stage for a potential interest rate cut next week by the Fed. Tech stocks, including Apple, Alphabet, and Tesla, dominate headlines with positive developments and new highs.
- Small business optimism index sees largest monthly increase since 1980, reaching its highest level since 2021. Investors cheer the lower interest rate path as November CPI data shows a slight uptick in inflation. Odds of a 25-basis point cut at the upcoming meeting are over 96%.
- The market shows signs of strong momentum as the Nasdaq hits a new all-time high. Year two of the bull market aligns with historical trends, with the S&P 500 breaking former highs and potentially signaling more gains ahead.
- Zacks Investment Research announces the top 10 stocks for 2025, with a history of impressive performance. Investors encouraged to access top stock picks for potential substantial gains. Considerations on how to approach the current rally and market conditions.
Read more at Nasdaq: Zacks Investment Ideas feature highlights: Apple, Alphabet and Tesla