STOCK MARKET
Dow Jones ended at $44,247.83 (-0.35%)
S&P 500 ended at $6,034.91 (-0.30%)
Nasdaq Composite ended at $19,687.24 (-0.25%)
The stock market witnessed losses for a second consecutive trading session primarily due to traders digesting a year-end rally to record levels and awaiting new U.S. inflation data set for release. Additionally, as Oracle shares continued decreasing due to the missing Wall Street’s estimates, and this contributed to the overall decline. Furthermore, investors are also closely watching the U.S. consumer price index report, which could influence the Federal Reserve’s decisions on interest rates at their upcoming meeting. Overall, the market appears to be experiencing seasonal softness and narrowing, with the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite all experiencing slight losses, nevertheless, it is worth remarking that there are still hopes that participation will broaden out as the end of the year approaches.
CRYPTO MARKET
Bitcoin fell by 0.09% for the day, with a value of $96,527.48 as of 3:00 PM CST, as stated by Coin Metrics.
