Markets End Year on Soft Note, Tech Giants Drag
Update: 2025-12-31
Description
Stock markets close the year on a downturn, with the S&P 500, Dow Jones, and Nasdaq all slipping. The pullback is due to weakness in tech giants and sliding mining stocks, exacerbated by higher bond yields. However, US jobless claims unexpectedly dropped, and Chinas manufacturing PMI surged. Nvidia shares rise on AI chip production news, while Pharma stocks see wild swings. All eyes are on Fridays manufacturing PMI and the slim chance of a January rate cut. Checkout Solipillow.com
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