Reported 1 day ago
US stock markets saw significant declines with the S&P 500 dropping 0.8% and the Nasdaq falling 1.3%, as optimism for interest rate cuts in 2025 wanes following a strong jobs report. Bond yields and the dollar have risen, contributing to a challenging environment for investors. Key focus remains on upcoming inflation data which could influence Federal Reserve decisions regarding rates, while energy prices also see an uptick amidst geopolitical tensions.
Source: YAHOO