Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images Stock futures were little changed Wednesday night as investors absorbed a new, sobering reality for financial markets. Trading was volatile after the regular session’s panic surrounding the Federal Reserve’s revised outlook for interest rates next year. Futures…
Wall Street strategists were far off with their 2024 market outlook. What happened? This year, Wall Street extended its AI-powered bull market into a second year, far surpassing the year-end forecasts made by top strategists. In fact, all of them turned out to be very wrong. Original 2024 outlooks for the S&P 500 ranged from a low…
Speaker of the House Mike Johnson and Vice President Kamala Harris stand in the House of Representatives ahead of US President Joe Biden’s third State of the Union address to a joint session of Congress in the US Capitol in Washington, DC, USA, 07 March 2024. SHAWN THEW/Pool via REUTERS Shawn Thew | Via Reuters…
