Nasdaq Leads Declines as Santa Claus Rally Stalls
Today’s market opened lower as U.S. stocks showed a decline, with the Nasdaq leading losses. The Santa Claus rally, which started earlier this week, appears to have lost momentum.
The Dow Jones index fell by 157 points, translating to a 0.4% decrease, while the S&P 500 dropped 46 points or 0.8%. Market analysts are exploring the reasons behind this sudden shift in trend.
Investors will want to evaluate their portfolios as the market faces challenges. Understanding market dynamics will be key to adapting strategies effectively during this downturn.
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