Stock Markets Edge Lower, Big Tech Drops

Stock markets dip today, with S&P, Dow, and Nasdaq all down. Big tech names like Nvidia and Tesla lead losses, while mining stocks suffer from plunging metals prices and margin hikes. Crude oil prices surge, boosting energy shares. Lower bond yields and seasonal trends favor bulls. Key US data this week includes pending home sales, Chicago PMI, and jobless claims. Markets expect a low chance of a rate cut in January. Europe and Chinas Shanghai are up, but Japan is down. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.