US Stocks Steady as Investors Anticipate CPI Report; Alphabet Shares Surge
December 10, 2024 - 20:32
US stocks are experiencing a steady performance as investors gear up for the highly anticipated Consumer Price Index (CPI) report scheduled for release tomorrow. This critical data is expected to shed light on the Federal Reserve's future monetary policy decisions, with many market participants speculating about a possible 25 basis point rate cut in December.
In the tech sector, Alphabet has caught the attention of investors, with its stock experiencing a notable increase following the announcement of a new quantum computing chip. This innovation is expected to enhance the company's capabilities in the rapidly evolving tech landscape.
Among the trending stocks on various platforms are Oracle Corporation, C3.ai, and Walgreens Boots Alliance, indicating a diverse interest across different sectors. As the market awaits the CPI report, key financial experts are set to share their insights throughout the day, further shaping investor sentiment and market dynamics.
MORE NEWS
June 14, 2025 - 19:04
Smart Retirement Moves for Gen Z Under $100Gen Z may seem far removed from the concept of retirement, yet the actions they take today can profoundly influence their financial independence in the future. With just $100, young individuals can...
June 14, 2025 - 09:04
Freedom Holding Corp. Announces Financial Performance for Fiscal Year 2025NEW YORK, June 13, 2025--Freedom Holding Corp., a multinational diversified financial services holding company operating in 22 countries, has released its financial results for the fiscal year 2025...
June 13, 2025 - 23:26
Regulatory Approval Secured for FB Financial and Southern States MergerIn a significant development within the financial sector, the merger between FB Financial and Southern States has received the necessary regulatory approval. This pivotal transaction is set to be...
June 13, 2025 - 05:44
Oklahoma Ethics Commission Moves to Prosecute Representative for Campaign Finance ViolationsIn a significant development, the Oklahoma Ethics Commission has voted to prosecute Representative Ajay Pittman due to alleged noncompliance with a settlement related to campaign finance violations...