Trump Rally Fades As Investors Await Powell’s Remarks, Bitcoin Drops Below $90,000: What’s Driving Markets Thursday? – Applied Mat (NASDAQ:AMAT)
Signs of a waning Trump-led rally emerged Thursday as investors assessed the economic outlook and awaited potential signals on the interest-rate path from the upcoming Fed Chair Jerome Powell‘s speech in Dallas at 3 p.m. ET. Inflation data from the past two days provided mixed signals: consumer prices met expectations, while producer prices slightly exceeded…