Last week, US stocks experienced a dip due to concerns over Trump's cabinet picks and his planned tariffs and deportations. Inflation is also rising while the job market remains strong, making the Federal Reserve's job more difficult. However, on Monday, stocks were recovering and crypto assets maintained their post-election rally. Looking ahead, the earnings reports of big companies like Nvidia, Walmart, and Target will likely impact the market.
- Content Editor ( blockworks.co )
- 2024-11-18
US equities recover after Trump-fueled rally lost steam last week