Stock Markets Mixed: Dollar General Soars, Meta Platforms Boosted
Update: 2025-12-05
Description
Stock markets had a mixed day, with technology stocks thriving and consumer goods companies facing challenges. The Dow dipped slightly, while the S&P and Nasdaq edged up. Dollar Generals stock surged by nearly twelve percent after strong earnings, and Meta Platforms shares jumped by four percent following plans to cut metaverse spending. Krogers stock fell by six percent due to disappointing sales, and Intels stock sank by six percent after retaining its networking segment. Oil and gold futures rose, and the ten-year Treasury yield increased to four point one zero percent. The dollar weakened against the euro and yen but strengthened against the pound. Bitcoins price slipped, while Ethereum gained, with most other cryptocurrencies declining.
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