Stock market opens lower on the day after Christmas
Market Mood Today's a Little Dull: Low Trading Volumes Pressure Stocks
Wall Street's major indexes took a dip with light trading as rising yields put some pressure on shares. Investors are still holding out hope for that year-end "Santa Claus rally" to lift spirits and stocks.
Rising Yields Are Spilling Over Into Share Prices: What’s the Deal?
The yield on the 10-year note hit its highest point since May at 4.64%. This uptick is making some investors nervous, suggesting potential weakness in the equity market if it continues to rise.
Megacaps Struggle While Others Shine: What's Up with Big Tech?
Stocks like Amazon and Meta saw slight losses today, but they’ve been doing the heavy lifting all year. The "Magnificent Seven" (big tech companies) have driven over half of the S&P 500’s impressive gains this year.
Santa Claus Rally Hopes: Will December Deliver?
There's still hope for a classic December boost, historically known as the "Santa Claus rally." If it happens, it could signal a solid finish to the year! On average, the S&P 500 sees a 1.3% gain in the last days of December.
Jobless Claims Drop: Is the Economy on the Up and Up?
Recent data shows jobless claims fell to 219,000, better than expected! It’s a small bright spot amid market fluctuations, hinting that the job market might be steadier than we thought.
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