The Dow Jones Industrial Average is experiencing a nine-day losing streak, mirroring a similar situation in 1978. Outside the Dow, the market remains optimistic with the S&P and Nasdaq near record highs. The report also highlights Nissan's struggles and the impact of Chinese lawmakers' decisions on the global economy.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe. Nissan, which owns 24% and makes it the top shareholder, is under the holding company eventually. Nissan's been struggling of late: its second-quarter operating profit lost around 0.
4% as investors assessed the country's wider-than-expected trade deficit in November, and await the Bank of Japan's interest rate decision this week, according to data from Dealogic. The 63 deals this year raised $10.65 billion, more than 80% higher than the combined value in 2023. It's a sign that Chinese lawmakers' of 27 respondents, comprising economists, strategists and fund managers, showed that only 63% think it's the right move for the Fed, but the chipmaker is still up a 163.3% year to date. That suggests some investors may have been taking profit from Nvidia's breathtaking rally. Using charts, CNBC Pro analyzes when it's optimal for investors to In February 1978, the Bee Gees' song 'Stayin' Alive' was the top Billboard song of the month. It was also the anthem for the Dow Jones Industrial Average, which was struggling with nine straight days of losses. Almost fifty years ahead, the Dow is mired in nine-day losing streak again. To take another cue from the Billboards chart, all investors want for Christmas is the Dow to stop bleeding red, which has contributed to more than half of the index's decline over the past eight sessions, noted CNBC's Yun Li. The health insurance company was rocked by a Outside the Dow, the stock market is still cheery. Despite the S&P and the Nasdaq also slipping in their last trading session, both indexes are hovering near their record closes. This suggests that it's mostly the Dow constituents —'old-economy' stocks like industrials, financials and consumer discretionary — that are flailin
FINANCE DOW JONES STOCK MARKET NISAN CHINESE LAWMAKERS GLOBAL ECONOMY
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