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MIB Daily: Two Fed Votes for a Hike and the 2-Year Rallied Anyway, SK Hynix’s Sold-Out 2029 Lifts Chipmakers as Oracle Jumps 10.73%, and With WTI at $101.95 Thursday’s PCE Decides December

The Fed held at 3.75%-4.00%, but Governor Cook and Cleveland’s Hammack dissented for a hike and Warsh refused forward guidance; the 2-year still fell 4.1 bps. SK Hynix says DRAM and HBM are sold out through 2029, lifting Micron 5.86% and Lam 5.39%. Oracle jumped 10.73% after capping new AI fundraising at $20 billion. WTI rose 2.05% to $101.95 on Yemen fighting and Iran strike fears. GDPNow ends Q3 at 3.3%, setting up Thursday’s GDP and PCE.

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  ANNOUNCEMENT : The next generation WLEI3 had its first out-of-sample update! An auspicious moment for index builders.