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2024-12-14 00:10:25

The U.S. House of Representatives passed a bill to expand the judiciary.Intel executives said that under the leadership of the new leadership, they will increase investment in products.Market News: HSBC evaluates the retail banking business outside the UK and Hong Kong.


American family wealth climbed to a record high thanks to the rise of the stock market. Driven by the rise of the stock market before the US presidential election, American family wealth reached a record high in the third quarter. According to a report released by the Federal Reserve on Thursday, household net assets increased by nearly 4.8 trillion US dollars, up 2.9% from the previous quarter, reaching 168.8 trillion US dollars. The value of American stock holdings increased by 3.8 trillion US dollars, while the value of real estate decreased by nearly 200 billion US dollars. In the third quarter, investors benefited from the stock market rally, as the market expected the Federal Reserve to cut interest rates and Donald Trump to return to the White House next year. Since Trump won the election on November 5, the S&P 500 index has climbed to a new high due to the market expectation that the president-elect will promulgate a pro-business policy.The U.S. House of Representatives passed a bill to expand the judiciary.Morgan Stanley raised the S&P global target price from $570.00 to $595.00.


African stock market | On Thursday (December 12th), the FTSE /JSE Africa Top 40 tradable index closed down 0.18% to 78,341.48 points. The South African rand is currently down 0.58% against the US dollar, reaching a fresh low of 17.8027 rand.US government audit: The FAA must take "urgent action" to modernize the air traffic control system after the shutdown in 2023.American natural gas futures rose by 3.00% in the day and are now reported at $3.480/million British heat.

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