The anticipation is for a rate

The anticipation is for a rate cut with a bullish reaction in trading to bring on the Christmas cheer [Miser]

Santa Rally in Doubt? Will BOJ Rate Hike Deepen Market Downturn?

U.S. stocks edged slightly lower on Monday, with the tech-heavy Nasdaq underperforming the broader market. Investor attention remains firmly on the ongoing sell-off in AI-related stocks. Major technology names such as Broadcom and Oracle extended last week’s weakness, weighing on both the tech sector and overall U.S. equity markets. Notably, Broadcom has now fallen for three consecutive sessions, marking its worst three-day performance since 2020.

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