Reported 12 days ago
The US stock market experienced a pullback on Tuesday, with the Dow Jones dropping nearly 0.8% and the S&P 500 falling over 0.2%, as investors reconsider buying pressures and await the upcoming Consumer Price Index report. Boeing's shares slid more than 2.5% due to decreased aircraft deliveries amidst strikes, while Bitcoin continues its rally, nearing $90,000. Analysts suggest that recent post-election surges in stock prices may be running out of steam, with concerns about inflation and potential policy impacts from President-elect Donald Trump's Cabinet selections.
Source: YAHOO