Mixed close on Wall Street with Nasdaq at record high, S&P 500 up, Dow down. Inflation data positive.

From Nasdaq: 2024-12-12 02:29:00

Wall Street closed mixed after November inflation data, with Nasdaq hitting a record high and S&P 500 advancing. Dow finished lower. Tech-heavy Nasdaq surged due to big tech performance. S&P 500 gained, with tech, communications, and consumer discretionary sectors rising. Inflation data shows CPI and core CPI increase. Expectations of rate cut in December. Big techs like Tesla and Alphabet surge. Oil inventories decrease. Zacks names top 10 stocks for 2025.



Read more at Nasdaq: Stock Market News for Dec 12, 2024