Market Wavers Amid Fed Rate Speculation and Earnings Reports
U.S. stocks fluctuated after a jump in the previous session as investors reviewed corporate earnings and economic data. Despite strong bank earnings and calming inflation fears, uncertainty remains over Federal Reserve's interest rate cuts. Concerns about potential tariffs and economic policies also contributed to market instability.

U.S. stocks experienced fluctuations on Thursday following a significant increase in the previous session. Investors are closely monitoring corporate earnings and economic data, as these factors are crucial in forecasting Federal Reserve's future rate adjustments.
Despite relieved inflation worries and strong bank earnings, markets showed inconsistency. Data indicated continued consumer spending and a robust labor market, allowing the Fed room to potentially slow interest rate cuts.
Key movements included Morgan Stanley's gains due to strong earnings and Bank of America's predictions of higher future interest income. Additionally, concerns linger about President-elect Trump's potential tariffs and their inflation impact, as well as Apple's declining smartphone sales in China.
(With inputs from agencies.)
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