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Market Brief 16 January, 2025
Good evening, investors and traders! The markets are experiencing a mixed bag of emotions today. The Nasdaq 100 Index (NDX) is down by -0.69% at 21,043.67, while the S&P 500 Index (GSPC) is down by -0.18% at 5,937.65. The news is dominated by the upcoming inauguration of Donald Trump, with speculation swirling about his potential policies on cryptocurrencies. The SEC is also in the spotlight, with a new appeal filed against Ripple over XRP sales, and a potential Litecoin ETF approval on the horizon. Meanwhile, the global economy is facing headwinds from trade policy shifts, heightened uncertainty, geopolitical tensions, climate change, and inflation. The World Bank forecasts global growth of 2.7% in 2025 and 2026, unchanged from 2024.

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