The December 16, 2024, US stock market saw a mixed close as the Nasdaq hit record highs, fueled by optimism in AI advancements and Bitcoin’s ongoing rally. Major tech players like Tesla, Alphabet, and Broadcom led the charge, while the Dow extended its losing streak amid cautious investor sentiment ahead of the Federal Reserve's key meeting. Meanwhile, the healthcare sector faced declines following controversial comments from former President Trump. In this episode of Market Deep Dive, we analyze the drivers behind tech and crypto gains, the Fed's potential impact, and what to watch in the holiday shopping season.
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