Santa Claus pays a visit on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 21, 2018. REUTERS
NEW YORK: Investors are eager for a touch of Christmas cheer from the US Federal Reserve, hoping for signs the central bank may ease up on interest rate hikes next year and spark a Santa Claus rally.
US stocks are having their worst December performance in 16 years with the S&P 500 notching a 5% drop so far this month.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
