Last Updated: 4:13PM EST
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Stock indices finished today’s trading session in the green. The Dow Jones Industrial Average (DJIA), the S&P 500 (SPX), and the Nasdaq 100 (NDX) gained 0.3%, 0.14%, and 0.17%, respectively.
The energy sector (XLE) was the session’s laggard, as it fell 0.48%. Conversely, the real estate sector (XLRE) was the session’s leader, with a gain of 0.59%.
Furthermore, the U.S. 10-Year Treasury yield decreased to 3.79% while the Two-Year Treasury yield also slipped, as it hovers around 4.24%.
Last Updated: 9:34AM EST
After beginning the week on a solid footing, U.S. indices opened the day’s trading on a mixed note. The Nasdaq 100 (NDX) is up 0.12% at 9:34 a.m. EST, December 27. In contrast, the S&P 500 (SPX) and the Dow Jones Industrial Average (DJIA) are marginally down by 0.02% and 0.002%, respectively.
In stock-specific news, the New York Times (NYSE:NYT) has sued Microsoft (NASDAQ:MSFT) and OpenAI over alleged copyright infringement. Furthermore, despite recent challenges, automaker Toyota (NYSE:TM) clocked double-digit production and sales gains during November.
Remarkably, the Nasdaq 100 index reached an all-time high of 16,907.51 yesterday, reflecting a strong 2023 fueled by the boom in artificial intelligence (AI). At the same time, the S&P 500 closed just 0.5% lower than its all-time high.
There are no major economic releases scheduled for today. Meanwhile, oil prices declined at the time of writing due to rising tensions in the Middle East. The WTI crude oil futures were down, hovering near $75 per barrel as of the last check.
Elsewhere, European markets are expected to open higher on Wednesday owing to positive investor sentiments across the globe.
Asia-Pacific Markets End Higher on Wednesday
Asia-Pacific indices ended in the green on Wednesday. The Hong Kong and China indices closed higher after Beijing’s gaming regulator hinted at softening the new proposed rules.
Hong Kong’s Hang Seng index closed 1.74% higher, and China’s Shanghai Composite and Shenzhen Component indices ended up by 0.54% and 0.38%, respectively.
Similarly, Japan’s Nikkei and Topix indices both finished today’s trading session higher by 1.13%.
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