BUZZ - BUZZ Investing: Echoes Of 'Mission Accomplished' Amid Inflation Battle
2024-01-23 02:53:00 ET
Summary
- U.S. domestic markets ended 2023 on a high note, as stocks rallied following the Federal Reserve's decision during its December 13th Federal Open Market Committee meeting to maintain its target interest rate at 5.50%, marking the third consecutive meeting without a rate change.
- Five of seven 'Magnificent Seven' stocks were featured in the Top 10 contributors to BUZZ Index performance during the recent Period, with shares of NVDA featured as the top contributor to BUZZ Index returns.
- In a pivotal shift, the SEC, having long resisted the idea of a spot Bitcoin ETF, approved the first group of applications on January 10th, 2024.
U.S. stock markets ended the year strong after the Fed held interest rates steady, prompting revised expectations and signaling lower interest rates in 2024. ...
BUZZ Investing: Echoes Of 'Mission Accomplished' Amid Inflation Battle