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Market sentiment tested during early phase of new administration

Equity markets experienced pressure amid policy uncertainty early in the administration, highlighting investor sensitivity to political transitions.
US equity markets faced pressure during the early period of the current administration, reflecting investor reassessment of policy direction, fiscal priorities, and global relationships. Market declines highlighted sensitivity to political uncertainty and economic signaling. While historical comparisons vary, the episode underscores how leadership transitions can influence risk appetite, capital flows, and short-term volatility across asset classes.