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Barchart
Rich Asplund

Stocks Fall Slightly in Thin Holiday Trade

SP Nasdaq United States Inflation US Federal Reserve

The S&P 500 Index ($SPX) (SPY) on Tuesday closed down -0.14%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.25%.  March E-mini S&P futures (ESH26) fell -0.14%, and March E-mini Nasdaq futures (NQH26) fell -0.22%.

Stock indexes settled slightly lower on Tuesday in thin, year-end trading. Higher bond yields were negative for stocks, as the 10-year T-note yield rose by 2 bp to 4.13%.  Stock losses were limited by some positive carryover from Tuesday's rally in European stocks, as the Euro Stoxx 50 index climbed to a 1.5-month high. 

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