Written by Mitrade
Reviewed by Mitrade
Written by Mitrade
Insights – Due to the New Year holiday, financial market volatility may be limited this week, but investors should focus on the U.S. December ISM.
Novo Nordisk Sees Retail Buying Despite Wall Street CutsShares of leading weight-loss drugmaker Novo Nordisk (NVO.US) plunged after disappointing results from its latest weight-loss drug trial. Despite analysts slashing their price targets, retail investors flooded into the stock with massive buy-the-dip activity.
Shares of leading weight-loss drugmaker Novo Nordisk (NVO.US) plunged after disappointing results from its latest weight-loss drug trial. Despite analysts slashing their price targets, retail investors flooded into the stock with massive buy-the-dip activity.
Insights – Following the Nasdaq 100 rebalancing, Apple and Nvidia are expected to attract additional fund inflows.
This week, global markets enter the Christmas holiday season, with U.S. and European markets closed for Christmas.
This week, markets await the Federal Reserve’s final rate decision of 2024, alongside policy updates from Japan, the UK, Russia, Thailand, the Philippines, Norway, and Sweden.