COMEBACK OF THE YEAR Robinhood’s profit surge reclaims the spotlight Chicago Options - Delayed Quote • USD Russell 1000 Technology Superse (^R1ICBTEC) Follow 12,612.51 -424.79 (-3.26%) At close: December 18 at 4:30:08 PM EST Related News Stock market today: Dow, S&P 500, Nasdaq futures point to rebound from Fed-fueled rout Stocks are looking to bounce back from their worst day since the summer. Fed cuts rates by quarter point, scales back cuts for 2025 The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make next year. Fed rate cuts in 2025, small cap losses: Market Takeaways US stocks (^DJI, ^IXIC, ^GSPC) sold off in Wednesday's session after the Federal Reserve's latest interest rate cut, central bank officials indicating their plans to ease up on the amount of rate cuts planned for 2025. Yahoo Finance markets reporter Josh Schafer shares his insights into the trading day's biggest market trends, including the downturn in the Russell 2000 small cap index (^RUT), upticks in Treasury yields (^TYX, ^TNX, ^FVX), and losses seen across mega-cap tech names. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan. Inflation fears driving market sell-offs is the 'new normal': Strategist US stock markets (^DJI, ^IXIC, ^GSPC) tumbled after the Federal Reserve announced a 25 basis point rate cut on Wednesday afternoon. Piper Sandler Companies Chief Investment Strategist Michael Kantrowitz analyzes the market's reaction on Market Domination. Kantrowitz believes a rate hike is "unlikely" in 2025, though he expects market participants to continue debating the possibility. He explains that current rate cut expectations must be fully priced out of the market before potential hikes can be factored in, noting that this shift is already "on the way there," as fewer rate cuts are anticipated for 2025. Addressing today's market downturn following Powell's conference, Kantrowitz identifies higher interest rates as the primary concern for US equity markets. "The relationship between interest rates and equities has ebbed and flowed in recent months, but clearly we're back to a pretty negative correlation," he explains. "People are not worried about the economy falling off a cliff, but they are worried about higher inflation," Kantrowitz emphasizes. "In the last couple years, markets have only really gone down because of rising interest rate or inflation fears, and I think that's the new normal. That going forward, market corrections are going to come from higher rates, not slower growth or higher unemployment." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith Why this strategist sees a 'multi-month pause' from the Fed The Federal Reserve implemented a 25 basis point rate cut Wednesday afternoon, sending stock markets (^DJI, ^IXIC, ^GSPC) lower. Roth Capital Partners chief economist & macro strategist Michael Darda joins Market Domination to provide insights into the central bank's decision. Darda says the rate cut was "expected" but notes the updated dot plot projections contained a hawkish tone. He anticipates a "multi-month pause" in rate cuts, citing Federal Reserve Chair Powell's indication that the economy is outperforming initial expectations from September. "What's really strange about the current backdrop is ... the labor market is cooling," Darda explains. He highlights that private employment growth is at "half the level that we were seeing pre-pandemic," and the unemployment rate showed early recessionary signals by "hooking upwards" during the summer. Despite this, Darda notes that overall, economic growth remains robust, with fourth quarter GDP tracking estimates in the 3% range. "People look at that, and they look at the stock market ... and they kind of scratch their head thinking, 'what is the sense of urgency here? Why is the Fed doing 100 basis points of cuts when everything seems to be fine?'" Darda tells Yahoo Finance. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith What's behind the Dow's longest losing streak since 1978? The Dow Jones Industrial Average (^DJI) has had an outstanding 2024, climbing above not only 40,000, but above its 44,000 benchmark as well. Tuesday marked the ninth straight losing session for the index — its longest losing streak since February 1978 — as it now hovers above 43,000. Yahoo Finance markets and data editor Jared Blikre gives a brief history lesson on some of the Dow's worst losing streaks, comparing its current performance with that of the Nasdaq Composite (^IXIC), and notes which stocks could be weighing the Dow down. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Fed rate decision, Dow pressured, Nissan-Honda: 3 Things US stock futures (ES=F, NQ=F, YM=F) inch higher Wednesday morning in anticipation of the Federal Reserve's interest rate decision this afternoon. Wall Street currently anticipates the central bank to cut by 25 basis points. After closing lower for the ninth straight session on Tuesday, the Dow Jones Industrial Average (^DJI) is seeing its longest streak of losses since February 1978, weighed down by UnitedHealth Group (UNH), Nvidia (NVDA), and Sherwin-Williams (SHW). Japanese automakers Nissan (NSANY, 7201.T) and Honda (HMC, 7267.T) confirmed reports that they are currently in talks for a possible merger. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Could Buying Celsius Holdings Stock Today Set You Up for Life? Is Celsius Holdings your ticket to lasting wealth? Here's what you need to know about the energy drink brewer before making a big investment. European Stocks Sliding as Central Banks Take Center Stage European indexes were falling on Thursday as the Federal Reserve's hawkish outlook caused investors to fret there could be fewer interest-rate cuts coming. The mini-recovery came after the Bank of England stuck to the script by holding interest rates at their current level, but three out of nine members of its monetary policy committee voted in favor of a quarter-point cut. Sweden's Riksbank and Norway's Norges Bank were also giving European investors food for thought. Dow Rebounding After Fed Scare Triggers Huge Selloff. Index on 10-Day Losing Streak. U.S. stocks looked set to pare back some of their losses on Thursday after Federal Reserve Chair Jerome Powell put a lump of coal in markets’ Christmas stocking by signaling that sticky inflation means investors shouldn’t expect deep rate cuts next year. Futures tracking the Dow Jones Industrial Average climbed 194 points, or 0.5%. All three indexes had plummeted on Wednesday, with Powell’s hawkish presser sinking the Dow by 1,100 points to lock in its longest losing streak in half a century. US Stocks Poised to Bounce Back After Fed Jolt: Markets Wrap (Bloomberg) -- US stocks are set for a partial recovery on Thursday, suggesting the selloff after the Federal Reserve’s hawkish pivot was overdone. The yen slid as the Bank of Japan left borrowing costs unchanged.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousFutures contracts for the S&P 500 advanced 0.5% following the US benchmark’s biggest lost for a scheduled Fed decision day since 2001. Nasdaq 100 contracts rose 0.4%. Key gauges in Europe and Asia ret What the Bank Rate hold means for your mortgage, savings, pensions and investments In its latest Monetary Policy Committee meeting, the Bank of England voted to hold the Bank Rate to 4.75pc, in what may be a sign of things to come. Bank of England keeps interest rate at 4.75% amid inflation fears Markets now expect only two interest rates cuts next year London markets plunge after Fed decision hammers Wall Street The FTSE 100 was down 112p, or 1.37%, at 8,087.11, taking the index to its lowest for almost a month. Stock Market’s Fed Reaction Is Overdone. But New Year Cheer Is Still Unlikely. Trump demands clean extension to government funding after push back, TikTok will argue its case against ban in Supreme Court, and more news to start your day. Fed's 2025 Outlook Weighs on European Bourses; Markets Decline Midday Thursday European bourses declined in midday activity Thursday, mirroring the global market movement that fol Why Wall Street Is Tumbling Today? US Equities Dive as Recession Fears Spark Broad Sell-Off Trending tickers: Nvidia, Micron, Coinbase, Nissan and Severn Trent The latest investor updates on stocks that are trending on Thursday. Why Is Verizon Communications Inc. (VZ) Among the Best Dividend Stocks to Invest In? We recently compiled a list of the 10 Dogs of the Dow Dividend Stocks to Invest in. In this article, we are going to take a look at where Verizon Communications Inc. (NYSE:VZ) stands against the other dividend stocks. Dividend-focused investors are often drawn to stocks with high yields, shaping their strategies around acquiring such investments. […] Nasdaq Had Worst Fed Decision Day for 23 Years as Tech Stocks Got Hammered The dust is settling on Thursday, but investors are likely still licking their wounds from the previous session. Jerome Powell's gloomy comments led to one of the worst Fed decision days ever, according to Dow Jones Market Data.