Stock Market Update Tuesday December 10, 2024
Stock Market Update Tuesday December 10, 2024 Stocks faced slight pressure, with the S&P 500 down 0.25% and the Dow Jones falling over 100 points, marking four days of losses.
Away From Stocks: Treasury yields rose as investors prepared for the upcoming November CPI report, adjusting expectations for the Federal Reserve's policy. WTI crude oil remained above $68 per barrel due to strong demand, while gold approached $2,700 amid safe-haven buying. Bitcoin fell below $97,000, continuing its downward trend on profit-taking and liquidity worries. Volatility stayed low, with the VIX around 14.
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