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ETFs and Stock Market Decline
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ETFs are highlighted as top investment options for 2024, with SPLG and RSP being top picks. U.S. stock indexes experience a decline, with the S&P 500 falling by 1.5% and the Dow industrials shedding about 476 points. The Federal Reserve's projections lead to expectations of at least three rate cuts next year, causing a shift in investor expectations. FedEx reports weakening demand and lowers revenue forecast, while General Mills sees a drop in sales, citing softening demand for snacks and breakfast foods.
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How do declining demand for snacks and breakfast foods reflect broader economic trends and consumer behavior?
How might the decline in U.S. stock indexes impact investor sentiment and market stability?
What strategies could investors employ to mitigate the effects of potential rate cuts?
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