Interstellar Capital

2024/12/31

Stocks and dollar end 2024 steady, 2025 all about Trump

SINGAPORE/LONDON, Dec 31 World stocks held steady on Tuesday in cautious year-end trading that has seen investors bracing for the incoming Donald Trump administration by scaling back bets on deep U.S. interest rate cuts in 2025, helping the dollar stand tall against most other currencies.

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2024/12/31

European stocks clock worst quarterly showing since 2022

Dec 31 European stocks recorded their worst quarterly showing in more than two years on Tuesday, as uncertainty around interest rates and the Trump administration's policies halted a rally that had pushed several markets to record highs this year.

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2024/12/30

Gold prices dip as markets await fresh catalysts

Dec 30 Gold prices dipped in thin trade on Monday as traders awaited fresh catalysts, including next week's U.S. economic data, which could influence the Federal Reserve's interest rate outlook for 2025, as well as policies from incoming President Donald Trump.

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2024/12/30

Wall St futures slip on elevated Treasury yields

Dec 30 U.S. stock index futures slipped in light trading volumes on Monday as elevated Treasury yields threatened to pressure a historically strong year-end period for equities.

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2024/12/30

World shares tick lower as high yields test lofty valuations

LONDON/SYDNEY, Dec 30 World shares held steady on Monday while Wall Street futures ticked lower as elevated government bond yields prompted investors to pull out of equities at the end of a year that has been positive for many regional markets.

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2024/12/27

European shares close out holiday-affected week higher on finance, healthcare boost

Dec 27 Europe's STOXX 600 index clocked its first weekly advance in three on Friday, boosted by advancing healthcare and financial shares, capping off a holiday-shortened week.

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2024/12/27

US equity funds receive big inflows on cool inflation, funding bill, and holiday rally

Dec 27 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.

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2024/12/26

US stocks dip as "Santa Claus rally" stalls, 10-year Treasury yields touch 8-month high

NEW YORK, Dec 26 Wall Street stocks headed lower on Thursday and U.S. benchmark Treasury yields scaled the highest level since April in light, post-Christmas trading.

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2024/12/26

Dollar stays resilient, Asia shares wobble

SINGAPORE, Dec 26 Asia shares eased in holiday-thinned trade on Thursday, paring some of their gains from earlier in the week, while the dollar rose alongside U.S. Treasury yields.

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2024/12/24

Wall Street advances in short Christmas Eve session on megacap gains

Dec 24 Wall Street's main indexes advanced on Tuesday, as gains in a handful of megacap and growth stocks bolstered benchmarks in a truncated trading session before Christmas.

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2024/12/24

Energy, mining stocks lead gains in Europe's holiday-thinned trade

Dec 24 Europe's main stocks index rose on Tuesday, with mining and energy stocks leading gains amid light trading volumes ahead of the Christmas break.

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2024/12/24

Futures muted before shortened Christmas Eve trading

Dec 24 U.S. stock index futures remained subdued ahead of Tuesday's shortened trading session, with Wall Street entering a historically strong period before rounding off its second consecutive year of gains.

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2024/12/23

Markets in 2024: Wall Street's high-octane rally keeps investors captive to the US

LONDON, Dec 23 Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts to boost Treasuries and soften the dollar and emerging market currencies to strengthen have firmly defied that consensus.

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2024/12/23

US crypto industry eyes possible day-one Trump executive orders

Dec 23 The cryptocurrency industry is pushing President-elect Donald Trump's team to kick start his promised crypto policy overhaul when he takes office next month with executive orders that would help push tokens mainstream, according to industry officials.

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2024/12/20

Fed's Williams: Fed remains on track for cuts, amid uncertain outlook

NEW YORK, Dec 20 Federal Reserve Bank of New York President John Williams said Friday that he expects the central bank to deliver more interest rate cuts but noted what happens will be driven by incoming data, amid a policy that's still providing restraint on the economy's momentum.

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2024/12/20

Wall St Week Ahead Investors hope for 'Santa Claus' rally as stocks lose steam

NEW YORK, Dec 20 - With December so far delivering Scrooge-like returns in an otherwise stellar year for U.S. stocks, investors hope the tail end of 2024 offers some holiday cheer, but warn of potential headwinds.

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2024/12/20

Global equity funds faced huge outflows ahead of Fed decision

Dec 20 Investors liquidated equity funds at the fastest rate in 15 years in the week to Dec. 18, driven by caution and profit-taking in anticipation of a hawkish outcome from the U.S. Federal Reserve's policy meeting after a recent market rally.

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2024/12/19

Europe's STOXX 600 clocks worst day in more than a month after Fed's hawkish signal

Dec 19 European stocks fell on Thursday, with the benchmark STOXX recording its biggest single-day drop since early November as investors fled riskier assets after the U.S. Federal Reserve signalled a slower pace of interest rate cuts next year.

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2024/12/19

Used-car retailer CarMax posts first quarterly sales rise in over two years, shares jump

Dec 19 CarMax (KMX.N), opens new tab on Thursday reported its first quarterly sales increase in more than two years, in an early sign that the used car market was rebounding from months of slump, sending the retailer's shares up more than 6% before the bell.

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2024/12/18

Congress to vote on new restrictions on US investment in China

WASHINGTON, Dec 17 The U.S. Congress is set to vote in the coming days on legislation restricting U.S. investments in China as part of a bill to fund government operations through mid-March, lawmakers said late on Tuesday.

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