U.S. stock markets experienced a decline, with the Dow Jones Industrial Average dropping by 178 points amid concerns over rising long-term interest rates and inflation. The dollar fell approximately 1% following reports that President-elect Donald Trump is reconsidering his campaign promise to impose sweeping tariffs on imported goods, as noted by The Washington Post. This shift in Trump's tariff strategy has contributed to market uncertainty, with investors closely monitoring the implications for the economy. Additionally, U.S. bond yields reached an eight-month high, further influencing market dynamics. The overall sentiment reflects apprehension regarding potential changes in fiscal policy and their impact on economic growth.