Markets were mixed Friday, closing out a choppy week as rising Treasury yields weighed on sentiment and speculation mounted around the next Federal Reserve Chair.
Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.
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Shaky start The positive momentum from stocks’ string of nine consecutive weekly gains in late 2023 didn’t extend into 2024, as the major U.S. indexes posted their first weekly declines since late October. The NASDAQ fell more than 3% for the week, with the S&P 500 and Dow posting smaller declines.
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