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US stock indices start off with a mixed performance as rotation out of 2023's winners is observed. Unemployment data and the potential end of a 9-week winning streak add to market concerns.
The USD is mixed on the last day of the trading year
Major US stock indices start the last trading day of the year with mixed results, as Dow Industrial Average and S&P index show slight gains while Nasdaq index dips slightly.
Nasdaq index emerges as the worst performer today but the best performer in 2023, but overall major US stock indices conclude a successful year with 9 consecutive weeks of gains.
The two companies outperformed the 'Magnificent Seven' group of stocks, which includes tech giants such as Nvidia, Apple, and Microsoft.