Market News: U.S. Congressman Nancy Mays was attacked in the Capitol because of the transgender bill.S&P 500 and Nasdaq 100 index futures continued their pre-market gains after the data was released.Albertson shares rose 1.6% before the market closed.
After this year's acquisition frenzy, BlackRock may seek to further expand in the private equity market. The momentum of BlackRock, the world's largest asset management company, may continue, because it is expected that the company will seek further expansion in the fields of private credit, real estate, infrastructure or private equity. BlackRock announced last week that it plans to acquire private credit company HPS Investment Partners for about $12 billion, which is BlackRock's third major acquisition this year. Larry Fink, CEO of BlackRock, said that the transaction will enable the two companies to provide the integration of private equity and open market investment products. Financial sources and analysts said that in the future, BlackRock may enhance its influence in the private equity market through further acquisitions. Goals may include expanding private credit or increasing private equity, so that BlackRock can better compete with large enterprises in alternative investment fields.CEO of Wells Fargo: Consumer loans will not be tightened again.Bureau of Labor Statistics: In November's inflation report, the housing index rose by 0.3%, accounting for nearly 40% of the growth of all projects in that month.
When the Fed became cautious about cutting interest rates, the inflation rate in the United States rose to 2.7% in November, and the inflation rate in the United States rose to 2.7% in November, which was in line with economists' expectations and higher than the level of 2.6% in October. The data highlights people's concerns about sticky inflation after inflation rose in October. It is widely expected that the Fed will cut interest rates by 25 basis points for the third time in a row next week, but the pace of interest rate cuts next year is uncertain, because the Fed is striving to achieve the dual mission of keeping the inflation rate close to 2% and maintaining a healthy labor market. As interest rates reach a more "neutral" level, that is, high enough to curb inflation but low enough to protect the labor market, officials have discussed slowing down the pace of interest rate cuts. They say that if we act too fast, inflation may stay above the 2% target, but if we act too slowly, the unemployment rate may rise sharply.Market News: Ukrainian President Zelensky used his first meeting with Donald Trump since the US election to show that Ukraine needs security in any negotiations to end the Russian-Ukrainian conflict.Bureau of Labor Statistics: In November's inflation report, the housing index rose by 0.3%, accounting for nearly 40% of the growth of all projects in that month.