Yearender: Deep dive dents bullish year in U.S. equity market with mixed expectations in 2025

by Xinhua writer Yanan Liu

NEW YORK, Dec. 26 (Xinhua) -- Though a "hawkish" rate cut by the Federal Reserve recently plunged the U.S. stock markets, the overall performance of major indices and the group of "Significant Seven" rebounded and hover around near record highs amid hopes for a Santa Rally at the turn of the year.

With the upcoming inception of the second Trump administration, investors forecas