Mixed Stock Market: Dow Drops While S&P 500 and Nasdaq Climb

Reported about 23 hours ago

On December 23, 2024, the stock market exhibited mixed results as the Dow Jones Industrial Average fell by 0.3%, while the S&P 500 and Nasdaq saw slight increases of 0.3% and 0.7% respectively. Investors are cautious amid the Federal Reserve's indication of a prolonged high interest rate environment, leading to concerns over economic forecasts. Despite a rough week overall, semiconductor stocks like Nvidia and Broadcom showed gains, while consumer confidence in December experienced its largest monthly decline since November 2020.

Source: YAHOO

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