Reported 1 day ago
U.S. stocks faced a downturn as the year comes to a close, with the S&P 500 falling 0.8% and the tech-heavy Nasdaq declining 1.3%. The Dow Jones decreased by 0.3%, while the 10-year Treasury yield approached seven-month highs around 4.6%. Investors remain optimistic for a potential 'Santa Claus' rally to finish the year strong, even as they keep an eye on evolving economic indicators and the Federal Reserve's interest rate plans.
Source: YAHOO