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Stock Market Today: Markets Reflect Global Uncertainty


//stocks-investing.news-articles.net/content/202 .. et-today-markets-reflect-global-uncertainty.html
Published in Stocks and Investing on Monday, December 9th 2024 at 16:21 GMT by Kiplinger   Print publication without navigation

  • According to FactSet, Wall Street analysts have revised downward their 2025 earnings per share (EPS) forecasts for S&P 500 companies by 0.5% over the past six months.

The article from Kiplinger discusses the stock market's reaction to various global uncertainties as of early 2024. Key points include a significant drop in the Dow Jones Industrial Average by 336 points, reflecting concerns over potential interest rate hikes by the Federal Reserve, ongoing geopolitical tensions, and economic indicators suggesting a slowdown. The market's volatility was also influenced by disappointing earnings reports from major companies, with sectors like technology and finance experiencing notable declines. Additionally, the article mentions the impact of rising oil prices due to Middle Eastern tensions, which could further complicate inflation control efforts. Investors are navigating through these uncertainties with a cautious approach, focusing on sectors that might benefit from or remain resilient against these global economic pressures.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/stocks/stock-market-today-markets-reflect-global-uncertainty ]

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