Sat, Jan 11, 2025 9:47 PM
Bitcoin Is a Better Buy Than Gold in 2025 and Beyond
A Flip by Shubhangi Gupta
President Joe Biden is ending his term in office with a remarkably strong labor market. According to data released Friday by the Labor Department, employers added a surprising 256,000 jobs in December, the largest increase since March, and the unemployment rate dropped a tenth of a percentage point to 4.1%. Both numbers were better than analysts expected.
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U.S. inflation data could test stock investors' nerves, potentially raising treasury yields and adding to uncertainty around Trump's policy plans. The S&P 500 has fallen 1% this year, with markets watching the consumer price index due on January 15. Strong jobs growth and inflation concerns could affect the Federal Reserve's interest rate decisions for 2025.
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HCL Tech Q3FY25 preview: The board of directors of HCL Technologies Ltd will meet on 13 January 2025 to consider and approve the company’s unaudited Financial Results for the quarter and nine months ending December 31, 2024. The company board may also consider and approve the fourth interim dividend in this meeting. So, HCL Tech shares are expected to remain under the bulls’ radar.
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