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Dow falls for an eighth day ahead of Fed, but Nasdaq notches another record: Live updates - TL;DR CNBC

Dow falls for an eighth day ahead of Fed, but Nasdaq notches another record: Live updates

Publishing timestamp: 2024-12-16 16:17:29


Summary

The Nasdaq Composite rose to a record high, led by a rally in tech stocks, as investors awaited the Federal Reserve's policy meeting. The S&P 500 also closed at a record high, while the Dow Jones Industrial Average underperformed. Tech giants like Apple, Google-parent Alphabet, Tesla, and Broadcom saw their shares rally to fresh all-time highs. The market is anticipating another rate cut from the Fed, but there are concerns about inflation and the possibility of a market correction. Meanwhile, European and Asian markets were mixed, and stock futures were little changed.


Sentiment: MIXED

Tickers: GOOGLILMNHSYHOODAAPLMSTR.KS11TSLACOINF.STOXXUNDEFINED.SPX@ND.1QQQ@DJ.1.IXICPLTRRGTI@SP.1MARA.DJIMRNAIONQNFLXSMCIAXONNVDAHONAVGOQBTS.NDXMDLZ

Keywords: breaking news: marketsmicrostrategy incmarketsnasdaq compositenasdaq 100 fut (mar'23)s&p 500 indexdow jones industrial averagealphabet incapple inctesla incbusiness newsnvidia corpunited statess&p 500 fut (mar'23)stock marketsbroadcom incdow jones fut (mar'23)

Source: https://www.cnbc.com/2024/12/15/stock-futures-are-little-changed-as-wall-street-gears-up-for-potential-fed-rate-cut-this-week.html


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