From CNBC: 2025-01-02 09:09:47

Traders are active at the NYSE, with crypto trades rising and meme stocks like GameStop surging. Speculative pockets of the stock market are up, especially those tied to bitcoin. Semiconductor stocks lead the market, while Topgolf Callaway Brands jumps on an upgrade. Market futures rise as speculation heats up for 2025.

Investors are reminded of the initial rallies after Trump’s election, as speculation grows around the impact of deregulation. Concerns about inflation, supply chain disruptions, and interest rate cuts linger. Lisa Shalett of Morgan Stanley questions if deregulation will benefit the economy or concentrate power in the hands of a few.

Read more: Market speculation picks up to start 2025 as crypto stocks jump