Nasdaq Up Big, Dow Down a Bit, Following CPI, Budget Data
Nasdaq(NDAQ) ZACKS·2024-12-12 07:45
Wednesday, December 11, 2024Markets posted mixed results this Hump Day, with the blue-chip Dow unable to hold onto its gains at the open. It was the only index in the top 4 to spend any time in the red today. The Nasdaq performed great: +347 points, +1.77%, while the S&P 500 and small-cap Russell 2000 split the difference, +0.82% and +0.84% for the session, respectively.The big news of the morning came in the form of the Consumer Price Index (CPI) for last month, which displayed a +2.7% Inflation Rate (head ...