Wall Street Clears Profits From Fed Uncertainty: Nasdaq Falls While Waiting for an Avalanche of Key Data

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The US shares wiped out the initial profits on Monday, while investors were expecting a next avalanche of economic data to help set expectations for interest rate cuts in 2026.The S&P 500 (^GSPC) and the Industrial Average Dow Jones (^DJI) fell by 0.2% and 0.3% respectively.The Nasdaq Composite (^IXIC), with a strong technological component, lost 0.5% after closing with heavy losses on Friday.The market rotation and the doubts of the IARecently,…