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Published on 12 Nov 2024 on Benzinga

...Faces Crucial Test With Wednesday's Inflation Data - Invesco QQQ Trust,...

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Risk assets have surged since Donald Trump's 2024 presidential win, fueled by investor optimism for tax cuts and renewed hopes of financial sector deregulation.

Yet, markets may face a reality check on Wednesday when October inflation data is released, as signs of lingering price pressures could cool the recent euphoria and shake expectations for the Federal Reserve’s interest rate cuts.

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