Dollar Stays Near 3-Month High on Rate-Cut Doubts
Barrons·2025-11-05 09:46
Group 1 - The S&P 500 is expected to open lower amid concerns over a selloff in the market [1] - The dollar remains near a three-month high due to reduced expectations for U.S. interest rate cuts [1] - Federal Reserve Chair Jerome Powell's recent comments indicate that a rate cut in December is not guaranteed, impacting market sentiment [2] Group 2 - The upcoming ADP private payrolls report is anticipated to be significant, especially with official jobs data unavailable during the government shutdown [2]