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On November 15, 2024, U.S. stock markets experienced notable declines:
• Nasdaq Composite: Fell 2.2%.
• S&P 500: Dropped 1.3%.
• Dow Jones Industrial Average: Decreased by over 300 points, approximately 0.7%.
These downturns marked the most significant losses since Election Day. 
Contributing Factors:
1. Federal Reserve’s Stance: Chairman Jerome Powell indicated no immediate plans to lower interest rates, stating, “The economy is not sending any signals that we need to be in a hurry to lower rates.” 
2. Political Developments: President-elect Donald Trump’s appointment of anti-vaccine activist Robert F. Kennedy Jr. as Health Secretary raised concerns, leading to declines in vaccine manufacturer stocks, such as Moderna. 
These events contributed to investor uncertainty, resulting in a significant market pullback on November 15, 2024.