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Stock market today: Dow, S&P 500 hold near record highs to kick off final month of banner 2024

Stock market today: Dow, S&P 500 hold near record highs to kick off final month of banner 2024


Published on 2024-12-02 08:30:57 - Bill Williamson, WOPRAI
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  • S&P 500 futures ( ES=F) slipped 0.1%, coming off a record close, while Dow Jones Industrial Average futures ( YM=F) were little changed on the heels of the index's own all-time high. Contracts on the tech-heavy Nasdaq 100 ( NQ=F) were also down 0.1%.

The article from Yahoo Finance discusses the U.S. stock market's performance as it enters the final month of 2024, with the Dow Jones Industrial Average and the S&P 500 hovering near record highs. Despite some volatility, the market has been buoyed by strong corporate earnings, a robust economy, and expectations of potential interest rate cuts by the Federal Reserve. Investors are closely watching economic indicators like employment data, inflation rates, and Fed policy decisions, which could influence market directions. Additionally, there's a focus on sectors like technology, which has been a significant driver of market gains, and energy, where oil prices have shown fluctuations due to geopolitical tensions and supply concerns. The article also touches on the mixed performance of individual stocks, with some companies beating earnings expectations while others face challenges from regulatory scrutiny or sector-specific issues.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-hold-near-record-highs-to-kick-off-final-month-of-banner-2024-130323094.html ]
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