USA stocks market = decline, profit-taking sell-offs ahead of year-end.
USA stocks market = decline, profit-taking selling ahead of the year-endDecember 28, 2024, 7:24 AM GMT+9
The US stock market closed with all three major indices falling. High-tech and growth stocks, which led the market this week, faced broad selling pressure.
All 11 sectors of the S&P 500 index (.SPX) declined. Particularly sharp declines were seen in consumer staples (.SPLRCD), information technology (.SPLRCT), and telecom services (.SPLRCL). However, all three indices recorded gains for the week.
All 11 sectors of the S&P 500 index (.SPX) declined. Particularly sharp declines were seen in consumer staples (.SPLRCD), information technology (.SPLRCT), and telecom services (.SPLRCL). However, all three indices recorded gains for the week.
December 28, 2024, 6:43 JST
U.S. bonds are mixed, with a steepening yield curve.
NY crude oil futures rose, closing in the $70 range - with thin trading typical of year-end.
U.S. bonds are mixed, with a steepening yield curve.
NY crude oil futures rose, closing in the $70 range - with thin trading typical of year-end.
On the 27th, the U.S. stock market declined. Selling was predominant in major high-tech stocks.
Trading was thin on this day, with fewer trades leading to significant price movements. The Nasdaq 100 Index fell by 1.4%. While all sectors declined, large-cap stocks were at the forefront of the losses. In 2024, the seven dominant large-cap high-tech stocks known as the 'Magnificent Seven' at times accounted for over half of the market's gains.
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