Author: MNK News
By Lewis Krauskopf NEW YORK (Reuters) -Investors are expecting more gains for the U.S. stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming President Donald Trump. The benchmark S&P 500 was up 23.31% in 2024, even with a recent speed bump, marking its second-straight year of gains exceeding 20%, lifted by megacap tech stocks and excitement over the business potential of artificial intelligence. The index soared 53.19% over the last two years, the biggest two-year percentage jump since 1998. Investors are more confident about…
Cryptocurrencies are seeing a minor uptick as the year comes to an end, and CryptoQuant analyst Joao Wedson says one of the altcoins showing bullish potential is TRON. TRON (TRX) traded at around $0.2565 on Dec. 31, up by about 2.7%. Tron’s gains mirrored the broader top 10 coins, with Bitcoin, Ethereum, and XRP all in the green. TRX has gained significantly over the past few months, with its price currently up by 140% over the past year. Wedson points to a confluence of key metrics suggesting TRON is poised for new momentum. Wedson shared this outlook in a TRX…
Capital markets are ready to correct weaknessesgetty Time’s up. The fallacy-driven beliefs and actions have had their turn. Once again, the visible irregularities are stretched. Therefore, the misshaped environment is ready to produce profits from reality-driven investing. So, what are the irregularities? First off, know that the Federal Reserve is neither a perpetual source of wisdom nor an accurate forecaster. Instead, it periodically makes costly mistakes. The 19-year period of Ben Bernanke, Janet Yellen, Jerome Powell has been especially harmful. Its interest rate actions significantly disrupted capitalism’s key strength: the capital markets’ pricing process (interest rate determination) between capital providers…
Indian star Allu Arjun poses on the poster of the new movie ‘Pushpa 2: The Rule’.Mythri Movie Makers Indian star Allu Arjun continues to create new records at the box office even as his latest film Pushpa 2 The Rule is about to complete a month at the ticket windows. Directed by Sukumar, the film has scored $205 million worldwide, producers Mythri Movie Makers have said. In the US markets alone, the film crossed $15 million. Pushpa 2 The Rule Scores $205 Million In 24 Days Pushpa 2 The Rule hit theatres on December 5 and released in various languages…
Polkadot price was the top laggard large-cap cryptocurrency in 2024, but a rare chart pattern points to a strong rebound in 2025. Polkdaot (DOT) retreated by over 15% this year, while other top coins like Bitcoin (BTC), Solana (SOL), and Binance Coin (BNB) soared to their all-time highs. The coin’s underperformance occurred even as its network saw successful ecosystem launches. For instance, Hydration, a leading decentralized exchange within the Polkadot ecosystem, handled a record-high volume of over $124 million in December. Polkadot’s NFL Rivals, a digital collectible card game, has gained traction among NFT traders. Meanwhile, Bifrost, a liquid staking…
Hey there! My name is Logical Thesis and I’m a writer for WOLF Financial. If you are looking for more investing related content, I guarantee you’ll enjoy my content on 𝕏, @LogicalThesis. Thanks for reading! The Federal Reserve’s Federal Funds Rate (Fed Funds Rate) is a key interest rate in the U.S. economy, representing the rate at which banks lend to each other overnight. Changes in this rate can have a significant impact on financial markets, including the price of Bitcoin. Here’s how and why the Fed Funds Rate can influence Bitcoin prices. 1. Interest Rates and Traditional Markets The…
Pepe coin price is ending 2024 on a high note as it surged by almost 20%, erasing some of the losses made this month. Pepe (PEPE), the third-biggest meme coin, climbed to a high of $0.000022, its highest level since Dec. 18. The rebound came after Elon Musk, the wealthiest person in the world, updated his X profile picture to a Pepe-like image. Musk, one of the most influential people globally, has over 234 million followers on X, close ties with Donald Trump, and a fortune of nearly half a trillion dollars. His action could indicate growing interest in Pepe,…
Nasdaq, new highsgetty Apple, Amazon and Tesla did not end the year with new 52-week highs. These most actively traded NYSE stocks hit highs earlier in December and then their prices began fading away again. On the other hand, a few Nasdaq stocks, not so widely followed, managed to make it up to new highs during the final session of the year. 5 Nasdaq Stocks That Hit New Highs At Year End Ares Capital (Nasdaq: ARCC) Ares Capital daily price chart, 12 31 24.stockcharts.com The stock traded at the high of the year early in today’s session and then fell…
The Blue Bird, lobbycard, Johnny Russell, Shirley Temple, Helen Ericson, 1940. (Photo by LMPC via … [+] Getty Images)LMPC via Getty Images John R. Countryman, who was billed by the name Johnny Russell as a child actor (pictured above to the left of Shirley Temple), died on December 14 in Loudoun, Virginia after a short bout with pneumonia. He was 91. Remembered for his role as Tyltyl, the younger brother of Shirley Temple’s Mytyl, in the 1940 fantasy film The Blue Bird (which was produced following the success of The Wizard of Oz), Russell also appeared in movies alongside Barbara…
(Bloomberg) — Oil rose in thin holiday trading to close out a flat performance in 2024 as the market braces for a global surplus next year. Most Read from Bloomberg West Texas Intermediate rose 1% to settle at $71.72 a barrel, notching a 7-cent gain in 2024. Brent advanced 0.3% to settle at $74.64, down 3.1% for the year. Crude advanced on Tuesday after factory activity expanded for a third month in China, the world’s oil biggest importer. In another sign of nascent economic recovery, Chinese President Xi Jinping said the nation’s gross domestic product is expected to expand around…