US Markets Slip on Last Trading Day, Nasdaq Hits Week Low
Update: 2025-12-31
Description
US stocks close the year on a downbeat note, with the S&P 500, Dow, and Nasdaq all hitting one-week lows. Chip stocks and mining companies drag the market lower, while higher bond yields add pressure. Despite this, Chinas manufacturing PMI surprises to the upside, and the S&P 500 has a strong late-December record. Trading volume is light due to closed markets in Germany and Japan. Notable movers include Corcept Therapeutics steep decline and Vanda Pharmaceuticals jump. Markets expect a low chance of a Fed rate cut in January. Checkout Solipillow.com
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