Investors are looking to Fed Chair Jerome Powell to potentially shed light on whether an interest rate cut lies ahead.
November was a monumental month for the stock market (^DJI, ^GSPC, ^IXIC), rallying to snap a three-month losing streak. Month-over-month gains could be signaling investors' return to FOMO trade staples. Yahoo Finance Markets Reporter Josh Schafer takes a closer look at Cathie Wood's ARK Innovation ETF (ARKK) and meme stock trends as strategists attempt to make heads-or-tails of market uncertainty heading into 2024. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
A fresh 2023 closing high is in reach for stocks on Thursday as investors digest further data that shows inflation is cooling.