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US stocks (^DJI,^GSPC, ^IXIC) closed mixed after President-elect Donald Trump indicated he might declare an economic emergency once he returns to the White House in order enact controversial tariff policies under the International Economic Emergency Powers Act (IEEPA).
Yahoo Finance Markets Reporter Josh Schafer joins Asking for a Trend Host Josh Lipton to outline the takeaways from the trading day, including the impact of Trump's comments on the market and rising Treasury yields (^FVX, ^TNX, ^TYX).
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
This post was written by Naomi Buchanan.