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Wall Street Edges Higher, Small Caps Eye Best Month In 3 Years, Bitcoin Rebounds: What’s Driving Markets Wednesday?

Stocks inched higher during midday trading in New York on Wednesday, with the momentum carrying over from the previous day when the tech-heavy Nasdaq 100 achieved fresh record highs.

AON

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US Stocks Mostly Lower; FedEx Earnings Miss Estimates

U.S. stocks traded mostly lower this morning, with the Dow Jones index falling around 75 points on Wednesday. Following the market opening Wednesday, the Dow traded down 0.21% to 37,480.08 while the NASDAQ rose 0.01% to 15,005.14. The S&P 500 also fell, dropping, 0.16% to 4,760.63.

ASST

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Asia Mixed, Europe Markets Mostly Dip, Brent Crude Hits $80 – Global Markets Today While Us Was Sleeping

On Tuesday, December 19th, U.S. stock markets ended higher buoyed by the Federal Reserve's recent dovish policy shift and anticipation of key inflation data. In economic data, November single-family housing starts surged to 1.143 million units, an 18.0% increase from October's revised figure of 969,000 units, marking the highest level since April 2022. 

ADIV