Markets Stagnate Amid Inflation Concerns and Trump's Economic Moves
U.S. stocks remained nearly unchanged as conflicting jobs data and potential economic actions by President-elect Trump stirred investor caution. Inflation risks, tariff concerns, and future Federal Reserve policies kept market sentiment mixed. Economic reports showed varied job growth and hinted at upcoming interest rate adjustments.
On Wednesday, U.S. stocks ended the day with little movement as investors processed conflicting jobs data and reports suggesting President-elect Donald Trump might declare a national economic emergency over inflation concerns.
The Federal Reserve's meeting minutes revealed ongoing worries about persistent price pressures amid speculation over Trump's potential tariff policies, causing market sentiment to remain fragile.
Investors are closely watching the Federal Reserve's stance on interest rates, with expectations set on an initial cut possibly occurring in May or June. Meanwhile, broader economic indicators demonstrated uneven growth, heightening market uncertainty.
(With inputs from agencies.)
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