Stocks Sink As Fed Outlook Disappoints

Dow tanks by 1,100 points, posts first 10-day losing streak since 1974 (CNBC)

Fed Lowers Rates by Quarter Point, Signals Two Cuts for 2025 (Bloomberg)

2024 Has Been a Year of Extremes in the Stock Market. Can It Last? (WSJ)

Nearly all the preconditions for a market bubble are met, says UBS. How to hedge (CNBC)

Walmart Cements Retail Dominance With Best Year Since 1998 (Bloomberg)

Merck to develop weight loss pill from Chinese drugmaker in up to $2 billion licensing deal (CNBC)

Microsoft acquires twice as many Nvidia AI chips as tech rivals (Financial Times)

Google Is Pushing Quantum Computing Closer to Reality (Bloomberg)

Trump Tariff Risk Casts Doubt on IPO Blowout Forecast for 2025 (Bloomberg)

U.S. Weighs Ban on Chinese-Made Router in Millions of American Homes (WSJ)

Japan’s Honda and Nissan to reportedly begin merger talks (CNBC)