📈 Stocks / Finance

Tesla deliveries and Nvidia entry points highlight market trends

Investors business Daily

Tesla and Nvidia stocks showed mixed movements as the market rally faced year-end volatility. Tesla rose 2.5% weekly but lacks a clear buy opportunity ahead of Q4 delivery data, projected to hit 514,925 units. Nvidia's shallow double-bottom base offers a 146.54 buy point.

FDIC tightens oversight of Vanguard's bank stakes

Yahoo Finance

The FDIC reached an agreement with Vanguard to enforce stricter limits on its influence over FDIC-supervised banks. Vanguard committed to maintaining its passive investment approach, addressing concerns about the risks of concentrated ownership among major asset managers.

Dollar dominance persists on rising U.S. yields

Reuters

The dollar surged 6.6% YTD, driven by higher U.S. Treasury yields and policy expectations under President-elect Trump. The yen weakened to five-month lows, pressured by Fed caution on rate cuts and BOJ’s hesitance to raise rates. Euro and crypto also remained subdued amid holiday liquidity.

🪙 Crypto

Banks eye stablecoins as Tether leads the way

PYMNTS

Global banks, inspired by Tether’s success, are exploring stablecoin issuance. SG-Forge launched a euro-backed coin, with others like Revolut and Visa developing similar initiatives. Stablecoins, bolstered by blockchain, are reshaping cross-border payments, driving speed, and cost efficiency.

🌎 Global Economy

Asian Markets Mixed as High Yields Challenge Valuations

Reuters

Asian markets saw mixed performance with Japan's Nikkei down 0.9% and China's blue chips gaining 0.3%. High Treasury yields pressured global equities, while South Korea's index rebounded slightly despite political uncertainty. China's PMI data and policy stimulus remain key market drivers.

2 Cards Charging 0% Interest Until 2026

Paying down your credit card balance can be tough with the majority of your payment going to interest. Avoid interest charges for up to 18 months with these cards.

Learn More

🗞️ Other Newsletters You Might Like

Essential stock market insights every day before the bell rings.