Unfavorable news! The Federal Reserve released a major minutes on interest rate cuts
On January 8, local time, European stock markets plunged during the session, and the performance of various countries' indexes varied. The UK FTSE 100 index rose slightly, while the French CAC40 index, the German DAX index and the European STOXX50 index all fell slightly.
In the US stock market, the three major indexes fluctuated. The Dow Jones Industrial Average and the S&P 500 index both rose slightly, while the Nasdaq index continued to fall. The trend of large technology stocks diverged, with Microsoft, Apple, Tesla and Amazon all rising slightly, while Nvidia and Google-C fell slightly, and META fell by more than 1%. In addition, quantum computing concept stocks fell collectively, with Rigetti Computing and Quantum Computing both falling by more than 45%.
On the same day, the Federal Reserve released the minutes of the monetary policy meeting in December 2024. In the minutes, Federal Reserve officials expressed concerns about higher-than-expected inflation and the possibility that policies after Trump took office might exacerbate inflation, and hinted that the pace of interest rate cuts might be slowed down due to future uncertainties.
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