The inventory market fell on the penultimate buying and selling day of the yr as hopes for a Santa Claus rally continued to fade.
The Dow Jones Industrial Common fell 418 factors, or 1%. The S&P 500 was down 1.1%. The Nasdaq Composite fell 1.2%.
Though shares have traditionally carried out effectively over the past 5 days of the yr and the primary two of the brand new yr – a window generally known as the Santa Claus rally – main indexes have fallen since their shut on the twenty third. December.
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