The final trading day of the year in US markets was quiet, with the Dow Jones losing 0.1 percent and the Nasdaq down 0.9 percent, while the S&P 500 retreated 0.4 percent.
On the last day of the year, there are understandably interesting speculations about what will happen when Donald Trump returns to the White House. One of the more likely speculations appears to be a prediction by billionaire investor Bill Ackman that the Trump administration may end an old standoff with Wall Street and divest Freddie Mac ( FMCC ) and Fannie Mae ( FNMA ) of federal government ownership.
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Wall Street indexes ended the penultimate trading day of the year in the red as investors took profits and adjusted their portfolios. Almost all stocks in the Magnificent Seven fell.
The week that has started brings hints with intermediate results to the investors of the local stock exchange. Eften’s new shares start trading on the home exchange.
The Dow Jones, one of the main US stock indexes, continued to fall on Friday despite the ringing of the stock market bell by the next president, Donald Trump, in New York.
The coming year will bring a lot of additional costs to entrepreneurs in the form of various taxes and changes in the law. It is definitely necessary to deal with cost cuts in order to maintain a sustainable competitive advantage in the market. For this, the first step must be to apply for better credit financing conditions. Put financiers to the test on the loan comparison portal Sortter!
Source: www.aripaev.ee
