23 Dec '22 at 12:35 pm #49883
Participant
— Thinner holiday trading conditions
— Reacting to conflicting economic data, including the better than expected University of Michigan Consumer Sentiment final reading for December and a November Personal Income and Spending Report that showed no growth in real spending and PCE and core-PCE inflation rates that are still too high
— Mega cap stocks driving index level price action
— S&P 500 found support at 3,800
— Rising Treasury yields