Stocks, Bitcoin Dip; Fed Rate Cut Hopes Linger
Update: 2025-12-01
Description
US stocks, including the Nasdaq, S&P 500, and Dow Jones, experienced a dip at the start of December, indicating a more cautious market attitude. Bitcoin also fell, losing over seven percent and dropping below eighty-five thousand dollars per token. Despite December typically being a strong month for stocks, some strategists suggest the Santa Claus rally might not occur this year due to uncertainty, including President Trumps push for tariffs. The Federal Reserves interest rate direction remains a focus, with a quarter-point reduction expected at next weeks policy meeting, driven by hopes for lower borrowing costs. However, the central banks quiet period before the meeting puts the spotlight on upcoming economic data, such as the delayed September Personal Consumption Expenditures index release on Friday.
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