Stocks Pause, Chipmakers Rise, Gold Hits 2-Month Highs: What's Driving Markets Thursday?

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See Also: Cathie Wood Says Inflation Worries Dampen Expectations, Schiff Singles Out Wall Street For Swallowing Narrative Even As Prices Soar

The weaker data sent Treasury yields lower, with the 10-year yield slipping four basis points to 4.61%, extending the previous day's 14-basis-point decline.

Wall Street paused for a breather on Thursday, following Wednesday's big rally sparked by a softer-than-predicted December inflation report that fueled speculation on the Federal Reserve delivering interest rate cuts during the year.

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Author / Journalist: Piero Cingari

Category: Technology

Markets: United StatesTaiwanUkraine

Topics: TSLA Large Cap Cryptocurrency US0382221051 US73935A1043 Inflation Macro Economic Events Semiconductors QQQ US8740391003 MTB Benzinga US6174464486 IWM US0605051046 ETFs US9029733048 Treasuries TSM Sector ETFs DIA US88160R1014 MS US91324P1021 US81369Y2090 US81369Y3080 Donald Trump US0378331005 AAPL BAC Econ #s US55261F1049 AMAT INFY US4642876555 US78467X1090 US81369Y8865 Stories That Matter XLU Economics Equities US6934751057 FHN $BTC XLP UNH US4567881085 SOXX ASML SPY Commodities Tech XLV US78462F1030 USB Broad U.S. Equity ETFs US3205171057 TSX:XL US4642875235 USN070591862 PNC Top Stories

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 18:21:24 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 349 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 25199815

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