{"id":4208,"date":"2024-12-13T19:33:12","date_gmt":"2024-12-13T19:33:12","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4208"},"modified":"2024-12-13T19:33:12","modified_gmt":"2024-12-13T19:33:12","slug":"wall-street-retreats-as-treasuries-suffer-worst-week-in-over-a-year-broadcom-soars-bitcoin-rebounds-whats-driving-markets-friday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4208","title":{"rendered":"Wall Street Retreats As Treasuries Suffer Worst Week In Over A Year, Broadcom Soars, Bitcoin Rebounds: What&#8217;s Driving Markets Friday?"},"content":{"rendered":"<div>\n<p>The U.S. stock market experienced subdued price action on Friday as investors adopted a cautious stance following disappointing inflation data earlier in the week and in anticipation of the Federal <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/24\/12\/42489039\/feds-december-meeting-could-crush-rate-cut-optimism-for-2025\">Reserve\u2019s Dec. 18 meeting.<\/a><\/p>\n<p>The tech-heavy Nasdaq 100 was the only major index to post gains, rising 0.4%. Yet, after briefly climbing to 21,900 points shortly after the market opened, tech stocks lost momentum and retreated by about 0.8%.<\/p>\n<p>Other indices declined, with only a handful of sectors, such as utilities and healthcare, eking out marginal gains \u2014 highlighting a broader shift away from risk assets.<\/p>\n<p>The market\u2019s unease appears tied to diminished expectations for interest rate cuts in 2025, compounded by the possibility of hawkish commentary from Federal Reserve Chair <strong>Jerome Powell<\/strong>, particularly in light of the latest November\u2019s inflation reports.<\/p>\n<p>Treasury yields rose for the fifth day in a row, with the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/24\/12\/42490520\/wall-street-retreats-as-treasuries-suffer-worst-week-in-over-a-year-broadcom-soar\" alt=\"Wall\" street retreats as treasuries suffer worst week in over a year broadcom soars bitcoin rebounds: what driving markets friday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. stock market experienced subdued price action on Friday as investors adopted a cautious stance following disappointing inflation data earlier in the week and in anticipation of the Federal Reserve\u2019s Dec. 18 meeting. The tech-heavy Nasdaq 100 was the only major index to post gains, rising 0.4%. Yet, after briefly climbing to 21,900 points [&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-4208","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\/4208","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=4208"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4208\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}