Trump Opens, Tech Stocks Dip
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fresh inflation dataYahoo Finance
•Stock market today: S&P 500, Nasdaq edge lower with rate cuts, inflation data in focus
86% Informative
November producer price index released on Thursday morning came in hotter than expected, rising 0.4% from the previous month .
That has put the chances of the Fed holding rates steady in January .
Swiss National Bank unexpectedly lowered its key rate by 0.5% , its biggest cut in almost 10 years .
European Central Bank expected to deliver the fourth rate cut this year .
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