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 yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
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 market cooled as Wall Street experienced a sharp reality check following Donald Trump's win in the presidential election.
U.S. stocks fell to their worst loss since Election Day as the boost that Wall Street got from last week’s victory for Donald ...
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Indexes edged up on Thursday, heading for another day of gains after Donald Trump's election victory fueled a massive rally ...
U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...
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 ...
In other dealings early Thursday, U.S. benchmark crude oil shed 37 cents to $68.06 per barrel in electronic trading on the ...
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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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