Stock Market Today: Dow, S&P Live Updates for December 27 - Bloomberg

Stocks struggled to find solid ground after approaching a record on bets the Federal Reserve will cut rates next year.

Without any major economic data or significant corporate events, the S&P 500 wavered. With just a few days left before the end of 2023 — when volume tends to shrink — some traders are citing an old Wall Street adage that says “never short a dull market.” Yet concerns about a reality check have surfaced amid overbought levels and warnings about overly dovish Fed wagers.

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