Empire State Manufacturing Survey Decline In January

Pre-market futures are down slightly to start a new trading session in this holiday-shortened week. The Dow is currently down -140 points, the S&P 500 is -20 and the Nasdaq -70 points. These indices are now back to where they were a month ago, which was half-way through a robust bullish period at the end of the year where investors saw an opportunity for interest rates to come down measurably in 2024. The small-cap Russell 2000 is the one index lagging in the new year, -4%, after leading indices during the ...