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stocks dip as traders navigate holiday market volatility and cautious sentiment
The S&P 500 and Dow fell in choppy trading as investors anticipated a slower pace of Federal Reserve rate cuts next year, following a stopgap government funding bill. The Nasdaq rose, buoyed by gains in chipmakers, while Walmart shares dropped amid allegations of unfair fees affecting delivery drivers. Overall market sentiment remained cautious with declining issues outnumbering advancers.
us bond strategists warn of potential crisis amid trumps economic agenda
Concerns are rising that the U.S. could face a crisis similar to Britain's 2022 mini-budget disaster, particularly with Donald Trump's return to the presidency and his proposed economic policies. Analysts warn that his agenda could lead to increased inflation and bond yield volatility, prompting foreign investors to reconsider U.S. Treasurys. While the dollar's status as the world's reserve currency offers some resilience, a sustained rise in yields could challenge its strength if inflation expectations rise significantly.
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