(Reuters) - U.S. equity funds attracted significant inflows in the week to Dec. 25, recovering from a prior-week sell-off, buoyed by a cooler inflation report, a stopgap funding bill averting a government shutdown and a so-called "Santa Claus" rally.
Now that Bitcoin (CRYPTO: BTC) has broken through the $100,000 price level, it's understandable why many investors are wondering just how much higher the world's most popular cryptocurrency can go. Bitcoin is now up about 115% for the year and about 500% during the past two years. During the past decade, Bitcoin is up a mind-boggling 28,500%.
Global equity funds witnessed sharp inflows in the week through Dec. 25, rebounding from significant net sales the previous week, buoyed by a benign U.S. inflation report and relief that Washington had averted a government shutdown, which restored investor confidence in risk assets. According to LSEG data, investors pumped a hefty $34.38 billion into global equity funds, the largest amount in six weeks, following a net $36.84 billion worth of sales in the week before. A report from the Commerce Department last Friday showed the PCE price index rose 0.1% in November, cooler than analysts expected, restoring some hope for further Federal Reserve rate cuts next year.
Building up a strong portfolio requires a sharp eye for bargains. Investors have to know how to find the right stocks, at the right price – i.e. shares that are priced relatively low, but have sound prospects for sustained growth. In other words, to learn how to shop effectively at the discount racks of the equity world. Indeed, there are wide range of reasons that share prices can be down, ranging from simple bad luck to fundamental issues with the company. It’s okay to buy a stock that has sim
(Bloomberg) -- Egypt held its benchmark interest rate steady on Thursday, opting to keep it at a record high even as double-digit inflation eased to the lowest level in two years.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024The Monetary Policy Committee kept the deposit rate at 27.25% and the lending rate at 28.25%. The decision was in line with expectations, with all but one of 11 economists surveyed by Bloomberg predicting no change. Most economists see E
The Dow closed slightly higher on Thursday while the Nasdaq and S&P 500 closed lower in the second day of a so-called Santa Claus rally period.
Toyota shares soared Thursday after Nikkei reported the company aims to double its return on equity target to 20%, citing an unnamed executive.
(Bloomberg) -- A less-than-perfect debut for the new season of Netflix Inc.’s blockbuster series Squid Game sent shares of related South Korean companies sharply lower Friday.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayMigrant Crisis Pushed US Homelessness to Record High in 2024Artist United Inc., a movie distributor and marketing firm in which Squid Game’s main actor Lee Jung-jae is the largest shareholder, tanked by the daily limit of 30%. Wysiwyg Studio
Citi analysts forecast 19% earnings growth for the healthcare sector in 2025 amid improving fundamentals and a boom in weight loss drugs.
Here’s what could be next for Netflix stock in 2025.
