Dec 17 - Technology stocks weighed on Wall Street on Tuesday, as investors grew cautious ahead of the Federal Reserve's interest rate decision this week following a stronger-than-expected retail sales reading.
The U.S. 10-year Treasury note yield inched higher, hovering near a three-week high of 4.428% and pressuring rate-sensitive equities, as market bets strengthened on a more cautious Fed in 2025. Nine of the 11 S&P 500 sectors were lower with energy stocks , down 1.6%, while financials , and information technology , followed with a 0.9% and 0.6% loss respectively.
"This will be the second year in a row of the S&P delivering returns of over 20%. And that's only a third time that's happened in the last century, so I think there's some profit taking," Sterner said. Wall Street saw a fairly strong session on Monday, where the Nasdaq , closed at a record high and the S&P 500 , gained ground.
Pfizer , gained 4.1% after the drugmaker forecast 2025 profit roughly in line with Wall Street expectations.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Stock market today: Wall Street is mixed ahead of the last Fed meeting of the yearNEW YORK (AP) — U.S. stock indexes are mixed ahead of a meeting by the Federal Reserve later this week that could set Wall Street’s direction into next year. The S&P 500 rose 0.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »
Wall Street set for mixed open; Nvidia earnings, Fed policy in focusThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Fonte: KitcoNewsNOW - 🏆 13. / 78 Leggi di più »
Stock market today: Wall Street gets back to climbing, sending Nasdaq to a recordNEW YORK (AP) — Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 gained 0.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »
Stock market today: Wall Street opens higher as it heads for a winning weekNEW YORK (AP) — Stocks are opening higher on Wall Street, keeping the market on track for its fifth gain in a row. The S&P 500 was up 0.1% in early trading Friday. The Dow Jones Industrial Average climbed 65 points, or 0.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »
Stock market today: Wall Street drifts as Target tumblesNEW YORK (AP) — U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath the surface. The S&P 500 ended barely changed Wednesday after trading lower for much of the day.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »
Stock market today: Wall Street opens higher and claws back some of this week's lossesNEW YORK (AP) — Stocks are opening higher on Wall Street, clawing back some of the losses from a rare bumpy week for the market. The S&P 500 was up 0.3% in the early going Friday.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »