US Stocks Slip, Energy Leads Gainers
Update: 2025-12-31
Description
US stocks closed slightly lower on Tuesday, with the S&P 500, Dow Jones, and Nasdaq all dipping. Higher bond yields and mixed economic data contributed to the decline. However, positive home price index and PMI readings provided some support. The FOMC minutes were neutral to slightly hawkish, with some officials concerned about inflation risks. Energy stocks led gains, while pharma names lagged. Overseas, Europes Euro Stoxx 50 hit a 1.5-month high, but Japans Nikkei dropped. Markets expect a low probability of a Fed cut in late January. Checkout Solipillow.com
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