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Home World News

Dow Falls for Fourth Consecutive Day as Year-End Rally Stalls Ahead of CPI Report

by bullnews
December 10, 2024
in World News
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Dow Falls for Fourth Consecutive Day as Year-End Rally Stalls Ahead of CPI Report
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On Tuesday, U.S. stocks slipped as investors took a breather from the recent end-of-year rally with eyes set on the upcoming consumer-price index report for November.

The Dow Jones Industrial Average dropped by 154.10 points, equating to nearly 0.4%, closing the day at roughly 44,247.83. This marked the Dow’s fourth straight day of declines, making it the most prolonged downturn since the middle of November, as noted by Dow Jones Market Data.

Meanwhile, the S&P 500 shed 17.94 points, translating to a 0.3% decrease, wrapping up the session at 6,034.91.

Similarly, the Nasdaq Composite was down by 49.45 points, or 0.3%, concluding the day at 19,687.24.

Tags: AheadConsecutiveCPIDayDowFallsFourthRallyreportStallsYearEnd
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