U.S. stock markets closed lower on December 10, 2024, after three weeks of gains, driven by concerns over the U.S.-China trade war and negative news from a major cable producer. The Dow Jones fell 0.5%, the Nasdaq dropped 0.6%, and the S&P 500 declined 0.6%, with most sectors in the red.NVIDIA and Comcast saw significant stock declines of 2.6% and 9.5%, respectively, amid regulatory scrutiny and subscriber loss expectations. Meanwhile, hopes for a rate cut in December are rising as inflation shows signs of easing, following previous reductions in September and November.
