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0.00170648464163829 0.00227531285551759 0 -0.000284414106939648 -0.00455062571103537 -0.000568828213879497 0.00341296928327638 0.00170648464163829
Stock impact report

3 Brokerage Stocks Up More Than 20% in 2024 to Watch Next Year [Yahoo! Finance]

BGC Group, Inc. - Class A (BGC) 
Last bgc group, inc. - class a earnings: 8/2 04:20 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This year started on a strong note in light of initial optimism regarding potential interest cuts by the Federal Reserve, a solid labor market, strong consumer spending and technological developments. Nevertheless, the optimism related to interest rate cuts was tempered by concerns regarding geopolitical tensions in the Middle East and renewed inflation fears. This uncertainty regarding rate cuts led to increased client volatility. Though the Fed has reduced interest rates by 100 basis points since September, it has hinted at fewer cuts for 2025. The S&P 500 hit record levels more than 50 times this year, attributed to high volatility and a rise in client activity amid election results and uncertainty lingering around rate cuts. Further, the U.S. presidential election results kept the momentum ongoing as optimism kicked in on the back of anticipated tax cuts and expansionary fiscal measures. These factors led to higher trading activities. As such, trading revenues are expected to Show less Read more
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