{"id":2705,"date":"2024-11-14T19:15:38","date_gmt":"2024-11-14T19:15:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2705"},"modified":"2024-11-14T19:15:38","modified_gmt":"2024-11-14T19:15:38","slug":"trump-rally-fades-as-investors-await-powells-remarks-bitcoin-drops-below-90000-whats-driving-markets-thursday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2705","title":{"rendered":"Trump Rally Fades As Investors Await Powell&#8217;s Remarks, Bitcoin Drops Below $90,000: What&#8217;s Driving Markets Thursday?"},"content":{"rendered":"<div>\n<p>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 <strong>Jerome Powell<\/strong>\u2018s speech in <a href=\"https:\/\/www.benzinga.com\/topic\/jerome-powell\">Dallas at 3 p.m. ET. <\/a><\/p>\n<p>Inflation data from the past two days provided mixed signals: consumer prices met expectations, while producer prices slightly exceeded forecasts, with both indicators showing a year-over-year uptick in October.<\/p>\n<p>Despite this inflation data, markets remain confident the Fed will continue easing, pricing in an 80% likelihood of a December rate cut.<\/p>\n<p>Wall Street\u2019s major indices were in the red by midday, with the S&amp;P 500 down 0.3% and small-cap stocks lagging behind large-caps.<\/p>\n<p>The U.S. dollar index &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/24\/11\/41984825\/trump-rally-fades-as-investors-await-powells-remarks-bitcoin-drops-below-90000-wh\" alt=\"Trump\" rally fades as investors await powell remarks bitcoin drops below what driving markets thursday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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\u2018s 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2705","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2705"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2705\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}