Stock market slides as election rally cools
The post-election surge in U.S. stock markets lost momentum this week, with the S&P 500 down 2% amid investor uncertainty over economic policies under President-elect Donald J. Trump. This marks a sharp reversal from last week’s 4.7% gain, driven by election clarity, expectations of business-friendly policies, and a Federal Reserve rate cut.
The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
The market cooled as Wall Street experienced a sharp reality check following Donald Trump's win in the presidential election.
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Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
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The Associated Press - Business News on MSN9d
Stock market today: Most of Wall Street rises after the Fed cuts interest ratesU.S. stocks are ticking higher ahead of the Federal Reserve’s announcement coming later in the afternoon about what it will ...
This prediction is not based on any inflation forecasts or labor market trends. It instead is based on the strong ... This suggests that the Fed is more independent in setting interest rates than ...
The stock market broadly has been rising faster than corporate profits, which raises the volume on criticism from skeptics ...
However, the bear market during 2022 spooked many of Robinhood's clients, and its stock subsequently plunged by more than 90% from its record high. A recovery is now underway, and Robinhood stock has ...
European shares fell on Friday, dragged down by disappointing earnings, concerns about the impact of U.S. President-elect ...
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