8 sources·Business

U.S. Stocks Show Mixed Results Amid Fed Rate Guidance and Inflation Concerns

U.S. stocks faced volatility as traders react to Federal Reserve's interest rate projections and inflation data ahead.

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Updated: Dec 19th, 2024, 11:39 PM ET

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U.S. stocks displayed mixed movements as the Dow gained slightly, marking an end to a 10-day losing streak, while S&P 500 and Nasdaq declined. The market's reaction follows the Fed's announcement of fewer rate cuts in 2025, coupled with rising inflation concerns as traders await key data on personal consumption expenditures. The upcoming report is critical, given the Fed's expectation of inflation exceeding its 2% target. Amidst these developments, market volatility remains heightened, with fears persisting around economic projections and corporate performances.

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