Reported 3 days ago
US stocks experienced a downturn as 2024 nears its end, with the S&P 500 dropping 0.8% amid weaker performances from major tech companies. The Dow fell 319 points and Boeing faced additional challenges following a tragic accident in South Korea. Despite the slump, companies are expected to report over 9% earnings growth for the year, supported by a robust economy and improved consumer spending.
Source: YAHOO