Thursday, 11 December 2025: Wall Street’s Late Surge: Fed Signals and Big Bank Moves
DEC 10, 20255 MIN
Thursday, 11 December 2025: Wall Street’s Late Surge: Fed Signals and Big Bank Moves
DEC 10, 20255 MIN
Description
<b>US equity markets rallied </b>late in the session as investors digested the <b>latest monetary policy pronouncements</b> from the <b>Federal Reserve</b> <b> - Dow rallied +497-points </b>or <b>+1.05%</b>, with 26 of the 30 index components advancing. <b>JPMorgan Chase & Co</b> rebounded +3.19% after dropping -4.66% in the previous session after <b>Marianne Lake</b>, the investment bank’s <b>Chief Executive Officer (CEO) of Consumer & Community Banking</b>, <b>disclosed higher-than-expected expense projections of US$105B for next year</b> (versus current consensus forecasts of US$101B) at the <b>Goldman Sachs Group Inc</b> (up +1.44%) <b><i>U.S. Financial Services Conference </i></b>and said<b><i> </i></b>that she <b>"would characterize the environment as being a little bit more fragile</b>.<b>" American Express Co (+3.2%)</b>,<b> Caterpillar Inc (+3.53%) </b>and<b> Nike Inc (+3.88%) also all rose over >3%</b>.<b> </b>