The stock market is experiencing volatility, following a nine-day winning streak, influenced by tariff announcements and ongoing earnings reports. Key companies like Berkshire Hathaway have seen a decline, coinciding with the news of CEO Warren Buffett's retirement. As the Federal Reserve prepares for discussions on interest rates, investors are also focused on the inflation implications of recent tariff increases and their expected reflection in upcoming economic data. Stocks from various sectors are showing mixed performances, particularly in technology and industrials, as market dynamics shift rapidly.
In what is proving to be a volatile session on Wall Street, the markets have come off their lows of the session.
The Federal Reserve gathers this week to determine the near-term outlook on interest rates while the markets will also be paying close attention to the tone in comments from Chairman Jerome Powell.
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