Mixed Stock Market Performance Focused on Fed's Interest Rate Path

Reported 1 day ago

On Monday, the stock market showed mixed results, with tech stocks like Nvidia and Meta driving gains in the Nasdaq and S&P 500 while the Dow Jones remained flat. Investors are closely watching the Federal Reserve's indications on interest rates for next year, after the central bank suggested maintaining higher rates for an extended period. Consumer confidence has also dropped significantly, indicating growing uncertainty about the economic outlook. Meanwhile, Rumble saw its shares surge following a substantial investment from Tether.

Source: YAHOO

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