US markets are currently experiencing declines due to disappointing expectations for interest rate cuts and concerns over President-elect Trump's personnel policy.
Federal Reserve Chairman Jerome Powell has stated that the Fed is not in a rush to cut rates, which has dampened hopes for immediate rate reductions. The probability of a rate cut in December has decreased from 80 percent to 60 percent.
Market participants are closely monitoring upcoming US economic figures, which could lead to further price fluctuations. The appointment of Robert Kennedy Jr. as the new Secretary of Health and Human Services has raised concerns among investors and contributed to the market's downturn. Technology stocks, particularly after Applied Materials issued a pessimistic outlook, are also under pressure, leaving investors uneasy.