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U.S. stocks indexes finished the last full trading week of the year mixed. The Russell 2000 Index performed worst, declining 0.86%, followed by the Dow Jones Industrial Average, which shed 0.67%. The S&P MidCap 400 and S&P 500 indexes both finished little changed, while the Nasdaq Composite added 0.48%.
Equities started the week broadly lower in what was partially a continuation of the prior week’s tech-stock weakness, as ongoing concerns around valuations and spending in the artificial intelligence (AI) space helped drag major indexes down. Some mixed economic data, including November’s jobs report on Tuesday, also appeared to weigh on sentiment.
However, indexes reversed course toward the end of the week, supported in part by an encouraging inflation report as well as strong earnings results from semiconductor manufacturer Micron Technology that seemed to help shift AI-related sentiment.
The week ahead: December 22-26
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Comments
As it is, it seemed weird that JPY did not strengthen.
I thought the market would have jumped on every opportunity to overreact and go for a ride, but apparently everything seems rational and maybe it kicks in after a slight lag.
然而，指數在本週末逆轉，部分原因是令人鼓舞的通脹報告以及半導體制造商美光科技強勁的盈利業績似乎有助於改變人工智能相關情緒。