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Dow, S&P 500 Fall; Bitcoin Briefly Tops $108,000 ā WSJ
Bitcoin hit a record high above $108,000, while U.S. stock indexes fell ahead of the Federal Reserve's expected rate cut decision. Retail sales rose 0.7% in November, but industrial production declined, signaling mixed economic data. Major indexes like the Dow, Nasdaq, and S&P 500 saw losses, with the Dow nearing its longest losing streak since 1978. Treasury yields dipped slightly after Monday's close at 4.397%. Oil prices fell below $70 per barrel, and the Canadian dollar hit a multi-year low amid political instability. Overseas markets were mostly down. 2 replies
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