Reported 9 days ago
US stocks, particularly the S&P 500, have seen a pullback of about a third from their post-election rally as inflation remains sticky and the Federal Reserve signals a cautious approach to interest rate cuts. Futures for the S&P 500 are down 0.6%, reflecting ongoing concerns about economic stability and traders scaling back expectations for monetary easing despite early optimism following Donald Trump’s election.
Source: YAHOO