holiday season

3+ articles

Amazon Christmas Eve rally E-commerce Federal Reserve Finance

Amazon Warehouse Workers Strike: A Labor Showdown Just Before the Holidays

Thousands of Amazon warehouse workers have gone on strike ahead of the 2024 holiday season, demanding better wages and working conditions. As they challenge Amazon's policies, the strike highlights broader labor tensions within the retail giant. Despite Amazon's claims of no operational impact, the strike sets a precedent for future labor actions in tech and e-commerce industries.

Dec 31

Amazon Warehouse Workers Strike: A Labor Showdown Just Before the Holidays

Market Snooze: December 26 Predicted to be a Calm Trading Day

Stakeholders are prepping for a serene trading session on December 26, 2024, attributed to global market closures due to the holiday season. Tom Essaye of Sevens Report Research gives this forecast, pointing out that jobless claims are the only significant event on the radar. Minimal trading activity could lead to increased volatility and less liquidity, making it a day to watch quietly from the sidelines.

Dec 27

Market Snooze: December 26 Predicted to be a Calm Trading Day

Stock Markets Slow Down After Record Christmas Eve Rally

The US stock market saw slower activities on December 25, 2024, following a significant Christmas Eve rally. This rally was the S&P 500's best Christmas Eve performance since 1974. With the holiday season in full swing and major European markets closed, trading volumes remained low. Despite mixed jobless claims data, market sentiment towards the Federal Reserve's future actions remained unchanged.

Dec 26

Stock Markets Slow Down After Record Christmas Eve Rally