Investors became gloomy on Friday, threatening to derail a long winning streak for stocks, as inflation remained high.

U.S. stocks are unlikely to see a Santa Claus rally this year, after the Federal Reserve officials earlier this month signaled fewer interest rate cuts in 2025 than they previously expected, according ...

US benchmark equity indexes were lower intraday amid declines in certain mega-cap stocks. The Nasdaq Composite was down 1.9% at 19,635.5 after midday Friday, while the S&P 500 fell 1.4% to 5,950.2.

For 2025 and beyond, performance in this highly cyclical sector is likely to continue to track the ups and downs of the U.S. and global economies,” wrote Ashley Fernandes, Fi ...