20 years after the Indian Ocean tsunami, a boy found in the mud embraces being known as 'Baby 81'Trump wants mass deportations.
Traders got a look at a new snapshot of U.S. consumer confidence Monday. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8.during the summer, faster than what was thought earlier. The latest report on unemployment benefit applications showed that the job market remains solid.
Expectations for more interest rate cuts have helped drive a roughly 25% gain for the S&P 500 in 2024. That drive included 57 Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday.
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