US markets today: Wall Street holds near record highs in holiday-thinned trade; stocks mark time as Christmas closure nears

US markets today: Wall Street holds near record highs in holiday-thinned trade; stocks mark time as Christmas closure nears

US stocks were largely steady on Wednesday, hovering close to record levels as investors navigated a holiday-shortened session ahead of the Christmas break.In early trade, the S&P 500 was flat, a day after closing at its latest all-time high. The Dow Jones Industrial Average edged up 51 points, or 0.1%, while the Nasdaq composite slipped…

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Gold rate outlook: Prices seen range-bound as markets await US data; Fed signals, dollar strength to guide sentiment

Gold rate outlook: Prices seen range-bound as markets await US data; Fed signals, dollar strength to guide sentiment

Gold is likely to trade in a tight range in the near term as investors await key US economic indicators—including GDP and inflation data—and signals from the Federal Reserve’s December policy meeting that could define the direction of interest rates, analysts said, according to news agency PTI. They added that weekly US jobless claims, consumer…

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