Stock Market Dips After Winning Streak Amid Fed Policy Anticipation
The S&P 500 snapped its nine-day rally, slipping 0.59% as markets paused following a historic run not seen since 2004. Both the Dow and Nasdaq mirrored the retreat, with traders eyeing this week’s Federal Reserve meeting for signals on tariff policy and economic direction.
While equities relinquished recent gains, the pullback remains measured against the index’s longest winning streak in nearly two decades. market participants appear to be repositioning rather than retreating, balancing tariff concerns against the administration’s bullish economic claims.