On Friday, December 29th, the U.S. stock markets closed in red, the last trading day of 2023, concluding a year of robust gains fueled by a strong year-end rally and prospects of relaxed monetary policy.
In economic data, the Chicago PMI dropped to 46.9 in December, a decline from November's 55.8, and fell short of the market expectations of 51.
On Thursday, December 28th, the U.S. stock markets closed mixed, with the Nasdaq composite recording a slight decline.
In economic data, initial jobless claims rose to 218,000 in the week ending December 23rd, exceeding expectations.