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Your daily horoscope: January 14, 2025

  HOROSCOPES IF TODAY IS YOUR BIRTHDAY If your current way of working does not seem to be taking you closer to your goals then ditch it completely and start over. New technologies such as artificial intelligence could help you immensely this year, IF you have the intelligence to use them wisely. ARIES (March 21 - April 20): There is a lot of pressure building up in your life at the moment but that’s okay because you thrive on being challenged. When the going gets tough Aries is the first sign to get tough in return and today will be no exception. TAURUS (April 21 - May 21): You may be in two minds about what direction you should be taking but what occurs over the next 24 hours will point the way and all you have to do is follow the lead that the universe gives you. Get past your doubts and get moving. GEMINI (May 22 - June 21): If you start something new today it will take up a lot more time and energy than you expected, so think about it carefully and make sure you will be able to...
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US Futures Steady Near Records as Fed Rate Cut Looms

                                            

Investors are closely monitoring US futures as the Federal Reserve signals an impending interest-rate cut. Here are the key highlights:

  • Market Overview:

    • US stocks inched higher on Tuesday, with the Dow Jones Industrial Average futures trading little changed after surpassing 40,000 points for an all-time closing high.
    • Futures on the S&P 500 were up 0.1%, while Nasdaq 100 futures edged up 0.2%.
    • Earnings season is in full swing, with Bank of America and Morgan Stanley reporting. BofA’s quarterly profit beat estimates, while MS saw signs of an investment banking revival.
    • Results from Morgan Stanley, Charles Schwab, and UnitedHealth are also on today’s docket.

  • Fed Rate Cut Expectations:

    • Federal Reserve Chair Jerome Powell’s recent remarks have boosted faith in a rate cut, likely in September. However, he avoided specifying timing.
    • Some lawmakers caution that a Fed pivot before the November presidential election could be seen as partisan.
    • Meanwhile, political developments continue to impact the market, with former President Donald Trump’s candidacy gaining momentum.

  • Retail Data and Price Pressures:

    • Investors are closely watching today’s retail sales data for clues on inflation and price pressures.

Stay tuned for further updates as the market navigates these dynamics.


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