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Global markets presented a mixed picture on December 9, 2024, as U.S. indices dropped on weakness in the technology sector, while European and Asian markets reflected optimism tied to Chinese stimulus measures. Investors remained cautious ahead of a critical U.S. inflation report later this week.
US: Tech Sell-Off Drags Markets Lower
U.S. markets closed in th...
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The Nasdaq fell 0.6%, and the S&P 500 fell by 0.6% from their record all-time high. Tech stocks, telcos, and cruise lines fell the most, while copper stocks such as Freeport-McMoRan $Freeport-McMoRan (FCX.US)$ and lithi...
S&P 500 and NASDAQ each fell 0.61% and 0.62% respectively while DJIA also declined by 0.54%. Both S&P 500 and NASDAQ have closed on records on l...
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