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News in English (USA) / 13.11.2024 / 05:00

Stocks Retreat as Inflation Data Looms and Trump Trade Momentum Slows

U.S. stock futures and major indexes experienced a decline as investors prepare for crucial inflation reports. The Dow dropped significantly, losing more than 350 points, while the S&P 500 snapped its winning streak amid rising Treasury yields. The momentum from the recent post-election rally appears to be fading, particularly with concerns surrounding Trump’s economic policies and tariffs impacting market sentiment. As the market takes a breather after record highs, questions about interest rates and inflation are looming large, keeping the market on edge.
CNBC, Reuters, "Investors Business Daily", Bloomberg, Markets Insider, MarketWatch, The Associated Press, Investopedia, Investing.com, Benzinga