Stocks down due to higher bond yields and tech weakness, energy stocks performing well

From Nasdaq.: 2024-12-27 11:53:45

The S&P 500, Dow Jones, and Nasdaq are all down today, with energy stocks climbing. The US trade deficit widened in November, impacting Q4 GDP. Asian equity markets are up, with China and Japan performing well. Interest rates are slightly up, and European government bond yields are rising. Tesla and Netflix are down, while energy companies like Chevron are performing well. Progyny and Amedisys are up on positive insider news. Earnings reports for 12/27 include DJCO, DC, and IMMR.



Read more at Nasdaq.: Stocks Pressured by Higher Bond Yields and Tech Stock Weakness