Markets Rally Ahead of Global Interest Rate Decisions

US stocks closed higher on Monday as investors awaited key interest-rate decisions from major central banks this week. In contrast, Asian and European markets declined.

The S&P 500 rose 0.4% to reach a new record high, while the Nasdaq 100 gained 1.5%. Key gainers included Broadcom Inc. and Tesla Inc. The 10-year Treasury yield remained steady at 4.40%, despite rising Bitcoin prices hitting a fresh record.

Source: https://www.bloomberg.com/news/articles/2024-12-15/asian-stocks-set-to-fall-ahead-of-china-data-dump-markets-wrap