Market News

U.S. markets are experiencing a slump as the year comes to a close, with notable declines in stock prices. Jobless claims have fallen for the third consecutive week, indicating steady labor market conditions. In the commodities space, silver and gold are on track for significant yearly gains, while the tech sector sees mixed performance, with companies like Nike benefiting from insider purchases. Meanwhile, global markets are mixed, reflecting a cautious outlook as investors prepare for the new year.