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: GOOGL, ILMN, HSY, HOOD, AAPL, MSTR, .KS11, TSLA, COIN, F, .STOXX, UNDEFINED, .SPX, @ND.1, QQQ, @DJ.1, .IXIC, PLTR, RGTI, @SP.1, MARA, .DJI, MRNA, IONQ, NFLX, SMCI, AXON, NVDA, HON, AVGO, QBTS, .NDX, MDLZ,
Keywords: breaking news: markets, microstrategy inc, markets, nasdaq composite, nasdaq 100 fut (mar'23), s&p 500 index, dow jones industrial average, alphabet inc, apple inc, tesla inc, business news, nvidia corp, united states, s&p 500 fut (mar'23), stock markets, broadcom inc, dow jones fut (mar'23),