Event JSON
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"US stocks have already reversed a third of post-election rally"
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"The S\u0026P 500 has trimmed about a third off its post-election rally, with futures down 0.6% as of 4:28 a.m. in New York. The decline is attributed to concerns over inflation and hawkish comments from the Federal Reserve, which has priced in a 63% chance of a 25-basis-point cut in December, down from 83% on Wednesday. The Fed's Chair Jerome Powell stated that the central bank isn't in a hurry to lower rates given signs of strength in the US economy."
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