U.S. Markets End Five-Day Rally After Fed’s QT Concludes

Wall Street saw its five-day winning streak come to an end on Monday as market indexes fell back to reality after the Federal Reserve concluded its Quantitative Tightening program. Tech, crypto, and AI stocks led the decline, fueled by a renewed sense of risk aversion as December commenced. The Fed officially ended QT on December 1st, freezing its balance sheet at $6.57 trillion and signaling a significant shift in monetary policy following two years of aggressive asset reduction that drained $2.4 trillion from global markets.