Reported about 15 hours ago
U.S. stocks showed mixed results in early trading on December 11, 2024, as investors awaited a key inflation report that could influence the Federal Reserve's upcoming rate decisions. The S&P 500 and Nasdaq saw gains, while the Dow struggled slightly. Meanwhile, the Bank of Canada lowered its benchmark interest rate amid ongoing economic adjustments. Major stocks like Broadcom gained after positive news, whereas Macy's faced declines due to a profit forecast cut. Overall, traders remain cautious as they reflect on the CPI data expected to be released.
Source: YAHOO