S&P 500 Slides As Rate Cut Expectations Drop: What Investors Should Know
The S&P 500 index dropped more than 0.6% to finish the trading week on Friday, December 13, 2024, at 6,051.09. Analysts at CME Group report a 96% likelihood that the Fed will cut the Federal Funds Rate by 0.25% in the upcoming meeting scheduled for Wednesday, December 18, 2024.
Investor sentiments fluctuate as rate cut expectations shift, prompting discussions about the overall health of the markets and future investment strategies. Market watchers are closely analyzing economic indicators and Federal Reserve messages to gauge how these developments may shape future trading strategies.
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