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-0.000846803364033802 0.000200017571637293 0.000125244647660649 0.00420036900437996 -0.00122066798391638 -0.00120197475292206 -0.00691275682162728 0.00438730131432125
Stock impact report

5 ETFs Returning 5% or More Last Week [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
2.3%, the Nasdaq losing 1.8% and the Russell 2000 retreating 4.5%. Less dovish Fed cues for 2025 led to this decline in shares. Although Wall Street dived in mid-week, markets recouped some of the previous losses to close out the week on cooling inflation data. Let's delve a little deeper. Fed Cuts Rates by 0.25%, Signals Fewer Cuts Markets experienced a sharp sell-off on Dec. 18, 2024 as Fed Chair Jerome Powell explained the central bank's decision to cut interest rates at a slower pace next year than previously anticipated. The Fed now forecasts two rate cuts in 2025, down from the four anticipated in September. Investment strategists pointed to a shift in the Fed's tone, causing uncertainty around the frequency and magnitude of future rate cuts in 2025. The upbeat U.S. GDP report and above-consensus retail sales data also strengthened the Fed's slightly hawkish view (read: Fed Cuts Rates by 0.25%, Signals Fewer Cuts: ETFs to Play). U.S. Economy Grows 3.1% in Q3 The U.S. Show less Read more
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