After washing off weakness at the beginning of the month, the markets hit Santa’s peak and are back for a second straight day this week.
Wednesday’s rally came on the back of surprisingly weak jobs data, ending with Persoll’s ADP processing of payrolls for November, which showed 32,000 jobs were added, the Dow Jones survey asked.
This led investors to believe that the US Federal Reserve would cut rates at its year-end meeting on December 9-10.
But until one finds the golden ticket in Willy Wonka, they find the golden ticket in Willy Wonka, remember that in the short term, the catalyst for the portfolio can be economic weakness if operating costs continue.
So far, the markets are on a sugar rush, but whether this rally will last is anyone’s guess.
What you need to know today
Huang talks about chip limitations. Nvidia CEO Jensen said he met with Huang President Donald Trump on Wednesday and two people Inspection discussed export restrictionsas lawmakers consider a proposal to limit exports of artificial intelligence chips from countries like China.
Markets hope for speed. One The US index rose That’s because traders are betting on an unreported rate behind weak job numbers. Ta Dow Jones Industrial Average The biggest gainer was 0.86%. Ta Europe Stoxx 600 Closed 0.1% higher.
Slowdown of labor will increase. Processing Payrodls processing firm reported this Companies cut 32,000 jobs in Novembera sharp step down from October’s 47,000 positions, and below the Dow Joness more than 40,000 economists.
Rates may remain. Scott Bessenty on Wednesday assumed that the administration Regardless of the priority of the cases before the board, it can carry out its tariff agenda, which the administration carries out “on a regular basis”.
(Pro) cash is king. Ta Best investment idea Right now cash, dastarga is the founder of Naillar JSC, but he also has other sectors.
And finally…
Apple is introducing a new design language called “Liquid Glass” for its operating systems “Liquid Glass” (WWDC), at Apple Inc., Cupertino, Cupertino, California headquarters, on June 9, 2025 in California.
Josh Edelson | AFP | Getty Images
Behind the “Liquid Glass” design is leaving behind an apple
AppleHead of User Interface, Alan Dye, joins MetaIn Silicon Valley, there is a significant shift in executive talent.
Apple confirmed the departure of the iPhone on Wednesday, and Apple CEO Tim Cook said on Wednesday that the company has a strong team that prioritizes design. In a statement, veteran designer Stephen Lemay said he was coming.
In June, Paint defined the Apple software interface for Apple’s iPhone, Mac, and Apple Watch.
Opinions were mixed In the liquid glass updatewill ship with the new iPhones in September.
– how leswing