NEW YORK, Dec 23 Global stock indexes mostly rose while the US dollar dipped to a near five-month low yesterday ahead of the long holiday weekend, with.
Global stock indexes mostly climbed, and the U.S. dollar fell to a near five-month low on Friday before the long holiday weekend. Cooler-than-expected U.S. inflation data reinforced the belief that the Federal Reserve might cut borrowing costs in the new year.
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The S&P 500 and Nasdaq fell more than 1% each. All of the S&P 500 index s 11 sectors ended lower in broad-based selling, with technology and financials among the biggest drags.