U.S. Stock Market dips in 2024 amid rate-cut speculations and profit-Taking
Explore the market dynamics as U.S. stock indexes experience a second-session dip in 2024, driven by extended profit-taking and cautious investor sentiment. The Federal Reserve's expected pivot to rate cuts and concerns over the pace of implementation add to the cautious atmosphere, following a robust end to 2023. Learn how high-growth companies, including Apple, faced pressure due to higher Treasury yields, impacting overall market trends. The influence of oil price jumps on airline stocks and the performance of key sectors, such as financials, are also discussed.