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Stock market on December 11: S&P 500 and NASDAQ navigate headwinds
Yesterday, stock indices closed higher. The
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Yesterday, stock indices closed higher. The S&P 500 rose by 0.67%, while the Nasdaq 100 strengthened by 0.33%. The Dow Jones Industrial Average jumped by 1.05%. The rally in the stock market, driven by the Federal Reserve's interest rate cuts, has come to a halt as disappointing results from Oracle Corp. exerted pressure on tech stocks. Investors are also reassessing their positions in light of the reality of a more cautious approach to future rate cuts. Oracle's earnings report, which fell short
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