S&P 500 rises Friday, heads for eighth-straight winning week: Live updates
Publishing timestamp: 2023-12-22 12:54:41
Summary
The S&P 500 rose on Friday as cooler inflation data boosted stocks, with the market heading for its eighth-straight winning week. The Dow Jones and Nasdaq also saw gains. Nike shares dropped 10% after lowering its sales outlook. The Federal Reserve's preferred inflation gauge came in lower than expected. The Santa Claus rally, where stocks rise in the final days of the year, has begun. Utilities stocks have fallen behind this week, while communication services have performed well. The 10-year U.S. Treasury yield fell slightly. Tencent and NetEase shares plunged after China released guidelines to curb excessive gaming and spending. Bank of Japan board members discussed how to communicate a shift in the central bank's yield curve control policy. Economic reports on U.S. consumer and inflation were released. Nike reported weaker-than-expected
Sentiment: NEUTRAL
Tickers: WAL, .NDX, PNW, SNV, COIN, .SPX, CEG, NRG, BMY, TEAM, KRTX, KEY, US2Y, BRK.A, NKE, MRNA, ANSS, OXY, WSFS, RKLB, MU, .DJI, META, .RUT, AEE, ILMN, GOOGL, US10Y, US30Y, EVRG, WAFD, FL, 700-HK, D, NFLX, 9999-HK, BILI, .IXIC,
Keywords: breaking news: markets, united states, foot locker inc, evergy inc, dominion energy inc, nike inc, stock markets, nasdaq composite, coinbase global inc, rocket lab usa inc, russell 2000 index, s&p 500 index, dow jones industrial average, business news, markets,
Source: https://www.cnbc.com/2023/12/21/stock-market-today-live-updates.html