Rate Hopes Dash Market Euphoria
Update: 2025-11-22
Description
Stocks initially soared on hopes of a December interest rate cut, but a strong jobs report dashed those hopes, causing a shift in investor sentiment. Despite impressive earnings from tech companies like Nvidia, investors moved towards more defensive stocks like Walmart, leading to a market rotation.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
