Markets React to Fed Minutes and Trump's Tariff Threats

1 min read
Source: Benzinga
Markets React to Fed Minutes and Trump's Tariff Threats
Photo: Benzinga
TL;DR Summary

U.S. stocks showed mixed performance as investors awaited the Federal Reserve's meeting minutes, with a 59% chance of a December rate cut. The Mexican peso fell to over two-year lows after President-elect Trump proposed 25% tariffs on Mexican and Canadian imports, causing volatility in both currencies. U.S. Treasury yields rose, while gold remained stable and oil prices dipped. Major U.S. indices had varied performances, with notable stock movements including declines in automakers and mixed reactions to earnings reports.

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