Stocks and bonds continued their decline as the week kicked off, following Friday’s surprising blowout jobs report.
S&P 500: -1.94% DOW: -1.86% NASDAQ:-2.4% 10-YR Yield: 4.76%
Stocks found more footing to start the week while the dollar fell by the most since November 2023.
S&P 500: -0.48% DOW: -0.60% NASDAQ:-0.52% 10-YR Yield: 4.60%
The so-called “Santa Rally” fell short to start off the week, with markets ending 2024 on a cautious note.
Markets open cautiously, eyeing inflation optimism and Fed concerns, with hopes for a year-end rally amid uncertainty.
S&P 500: -1.99% DOW: -2.25% NASDAQ:-1.74% 10-YR Yield: 4.53%
U.S. markets rose ahead of the Fed's expected rate cut, while global uncertainty grew with weak China data and European political turmoil.
S&P 500: -0.64% DOW: -1.82% NASDAQ:+0.33% 10-YR Yield: 4.39%
Geopolitical tensions and central bank rate cuts dominate market focus, with the Fed expected to ease further amid stable labor and inflation data.
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