News Highlights: Top Global Markets News of the Day - Thursday at 1 AM ET

Nasdaq Slips; Nvidia's Sales Soar

U.S. stocks closed mixed before chip maker Nvidia released its quarterly results, beating expectations for sales and profit.

Fed's Bowman Sees U.S. Inflation Remaining as Prime Economic Concern

Bowman, who cast a rare dissenting vote when the Fed decided on a half-percentage-point cut in September, on Wednesday said she still thinks prices are rising too fast.

Boston Fed President Sees Risks of Both Inflation and Soft Labor Market

Federal Reserve Bank of Boston President Susan Collins expects to gradually lower interest rates while the situation becomes more clear.

Fed's Lisa Cook Expects More Rate Cuts. She's Watching the Labor Market.

Federal Reserve Governor Lisa Cook sees the greater risk to the downside for the U.S. labor market, but is ready to adjust as needed.

Wall Street Is Growing More Confident About a Soft Landing

More interest rate cuts and stimulus from the incoming Trump administration and Republican Congress could be good news for equity and fixed income investors.

Another bullish call for stocks in 2025. Wells Fargo raises S&P 500 target on strong economy, Trump's policy changes.

Another Wall Street firm is increasing its S&P 500 target for next year, with a view that stocks are poised to extend their bull-market run to at least the end of 2025

An Immigration Crackdown Risks Sapping Farms' Vital Source of Labor

Agriculture companies and laborers fear raids; 42% of crop farmhands aren't legally authorized to work in the U.S.

Why the Gold Rally's Next Big Obstacle Might Be Stocks Like Nvidia

Investors' giddy excitement over booming U.S. stocks like Nvidia might be getting in the metal's way.

Two powerful banking regulators say they won't step down just because Trump won

Two of the U.S. government's most powerful banking regulators have said that they have no plans to step down, in response to pointed questions about their futures under a Trump administration from Republicans on the House Financial Services Committee.

Bitcoin Surges Above $94,000 to All-Time High. What's Behind the Surge.

The stars appear to be aligning for the crypto industry ahead of the Donald Trump's second term in office.