Nasdaq Dips 3%; Chicago Fed National Activity Index Rises In December
Posted On January 27, 2025
U.S. stocks traded lower this morning, with the Nasdaq Composite falling over 600 points on Monday.
Following the market opening Monday, the Dow traded down 0.33% to 44,276.05 while the NASDAQ fell 3.08% to 19,340.76. The S&P 500 also fell, dropping, 1.74% to 5,994.91.
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Leading and Lagging Sectors
Consumer staples shares surged by 1.4% on Monday.
In trading on Monday, information technology shares fell by 4.5%.
Top Headline
The Chicago Fed National Activity Index rose to 0.15 in December, recording the strongest reading in seven months, and versus a revised -0.01 in the previous month.
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