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Analysts: The Fed's anticipated hawkish repricing continues, potentially ending the US stock market's winning streak.

2025-11-13 15:06

Odaily Planet Daily reports that U.S. stocks opened lower, potentially ending a four-day winning streak, as investors grappled with the lack of U.S. economic data despite the end of the government shutdown. Carol Schleif, chief market strategist at BMO Private Wealth, stated that the government reopening was a "positive" for the market. "If the government resumes operations and economic data starts being released, we wouldn't be surprised by market volatility in the coming weeks," she said. Thursday's decline came as traders focused on the December Federal Reserve meeting, reducing their bets on a rate cut. Collins indicated she prefers to "keep interest rates stable for some time" to balance inflation and employment risks. Bostic also stated that inflation remains a clearer risk to the U.S. economy. "With the end of the U.S. government shutdown and the continued hawkish repricing expected by the Fed, the market struggled to gain momentum this morning," said Karl Schamotta, chief market strategist at Corpay. (Jinshi)