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Stock rally stumbles with Nvidia earnings on tap
stock :: 2024-11-18 :: source - yahoo finance
By Josh Schafer
The feverish post-election stock market rally came to a screeching halt last week.
For the week, the S&P 500 (^GSPC) fell more than 2%, while the Dow Jones Industrial Average (^DJI) shed more than 500 points or nearly 1.3%. The tech-heavy Nasdaq Composite (^IXIC) sank over 3%.
Two firm inflation readings and commentary from Federal Reserve Chair Jerome Powell weighed on markets last week, with growing uncertainty over the Fed's rate path outweighing previous investor excitement over Trump's potential policy agenda...Story continues through Yahoo finance
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