Reported about 18 hours ago
The stock market starts 2025 on a turbulent note, with declining stock prices driven by rising long-term bond yields, uncertainty around President-elect Trump's policies, and pressure on key market sectors. Key inflation reports and earnings from major financial companies are set to influence market sentiment in the coming week, contributing to a potentially volatile environment just before the inauguration. Additionally, the ongoing wildfires in Los Angeles are increasing economic strain, raising concerns over insurance companies and property damages.
Source: YAHOO