Stock Market Declines as Major Tech Firms Struggle

Reported about 24 hours ago

US stocks fell sharply as the Dow, S&P 500, and Nasdaq struggled, led down by tech giants Nvidia and Tesla. The S&P 500 dropped 1.2% and the Nasdaq lost 1.6%, reflecting profit-taking and recalibrated investor sentiment after a strong year. The market's hopes for a year-end 'Santa Claus' rally are dampening as investors look ahead to the Federal Reserve's interest rate plans and potential shifts in leadership with the incoming Trump administration.

Source: YAHOO

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