Stocks ended Tuesday modestly lower even after minutes from the Federal Reserve’s December meeting reinforced expectations for further interest-rate cuts next year. Silver and gold bounced back after plunging from all-time highs.
US stocks ended Tuesday’s session higher, with traders reloading wagers on an interest-rate cut next month while the latest AI advances drove Big Tech valuations.
Technology stocks propelled an advance in global equities as traders kicked off a data-packed week more optimistic that the Federal Reserve will cut interest rates in December.