Morning Bid: Wall St on five-day falling streak, dollar reigns

By Yahoo! Finance   |   2 days ago
Morning Bid: Wall St on five-day falling streak, dollar reigns

Stocks are shaky as investors anticipate few Fed rate cuts in 2025. Strong labor market data suggests no immediate cuts. Dollar remains strong, impacting global markets. Euro nears parity with dollar, while U.S. rates stay high. Europe and Wall Street show signs of stress.

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