Reported 19 days ago
U.S. stocks dipped in early trading on Thursday as high Treasury yields overshadowed the anticipated Santa Claus rally. The S&P 500 fell by 0.25%, while the Nasdaq and Dow also experienced declines. Jobless claims decreased marginally, but with ongoing higher yields and tempered interest rate expectations from the Federal Reserve, investors remain cautious. Despite solid gains this holiday season, trading volumes are low due to holiday observances.
Source: YAHOO