Reported 2 days ago
On December 26, 2024, Wall Street experienced a mixed closing, with the Dow Jones Industrial Average gaining 0.1% while the Nasdaq Composite and S&P 500 dipped slightly. The 10-year U.S. Treasury yield climbed to its highest since May at 4.641%, influenced by expectations of ongoing interest rate decreases by the Federal Reserve. Additionally, while initial jobless claims showed a slight decline, continuing claims rose to a level not seen since November 2021, reflecting growing economic uncertainties.
Source: YAHOO