Wall Street Dips Third Day as Year Ends; Fed Rate Cut Hopes & Commodity Rebound in Focus

• Wall Street indices, including the S&P 500, declined for a third consecutive day as the year-end approaches.
• Federal Reserve minutes reinforced expectations for future interest rate cuts if inflation slows, but highlighted divisions among policymakers.
• Precious metals like silver and gold bounced back after recent volatility, while copper and nickel also saw gains.
• Market expert Amanda Agati noted the equity market's 'sugar high' for a dovish Fed, contrasting with the bond market's realistic concerns about deficits and debt levels.
• China's yuan strengthened past 7-per-dollar; global equities lost year-end momentum but are set for a third annual gain.

Why It Matters: Wall Street ends year with declines, balancing Fed rate cut hopes against market divisions and commodity rebound.