Stock market news for Dec. 12, 2024
Traders watch as President-elect Donald Trump walks onto the floor of the New York Stock Exchange with his wife, Melania, after being named Time’s “Person of the Year” for the second time, on Dec. 12, 2024.
Spencer Platt | Getty Images News | Getty Images
Stocks fell Thursday, weighed down by a hotter-than-expected U.S. inflation report, as tech shares failed to keep the momentum seen earlier in the week.
The tech-heavy Nasdaq Composite slid 0.66%, dipping back below the 20,000 threshold to end at 19,902.84. The broad market S&P 500 shed 0.54% to close at 6,051.25. The Dow Jones Industrial Average lost 234.44 points, or 0.53%, to settle at 43,914.12. It was the 30-stock index’s sixth straight losing day.
Tech names were among the…
