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People stand in front of an electronic stock board showing Japan's Nikkei index at a securities firm Wednesday, Dec. 11, 2024, in Tokyo. A banner for Alaska Air Group hangs on the front of the New York Stock Exchange in New York's Financial District on Tuesday, Dec. 10, 2024. A person gestures in front of an electronic stock board showing Japan's Nikkei index at a securities firm Wednesday, Dec. 11, 2024, in Tokyo. The Hang Seng in Hong Kong edged 0.1% lower to 20,294.54 and the Shanghai Composite index was up 0.2% at 3,430.
Japan's central bank will hold a two-day policy meeting next week. Markets widely expect the bank to raise short-term interest rates from the current level of 0.25%.. Those were the first back-to-back losses for the index in nearly a month, as momentum slows following a big rally that has the benchmark index on track for one of its
Expectations for a series of cuts through next year have been a big reason the S&P 500 has set so many records this year.mortgage rates have been more stubborn
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