Santa Claus Rally: Has Christmas Comes Early for the Stock-Market?
AI, cooling inflation, and a resilient economy have powered stocks higher in a sign the so-called "Santa rally" might have kicked off early.
Source: businessinsider.com
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UK dodges recession with surprise 0.2% September growth
UK GDP grew 0.2% throughout September, dodging an expected recession as Q3 growth averaged to 0% throughout between July and September.
Source: investmentweek.co.uk
British bonds, stocks surge as BoE keeps rates on hold
British bonds were on track for their best day in more than a month on Thursday and stocks jumped after the BoE held interest rates steady.
Source: thesouthafrican.com
Bank of England leaves interest rates unchanged
Since the Bank of England's last economic projections, inflation has weakened, economic activity has softened and the labor market has shown signs of loosening.
Source: cnbc.com
The US economy is surging – but problems elsewhere could still torpedo profits for big companies like Apple and Tesla
China's slowing economy and the war between Israel and Hamas are spooking top American executives despite the US's stellar GDP numbers.
Source: yahoo.com