Stocks Set for Losses in Weak End to Strong Year; Silver Tumbles
Major stock indices are poised to end a robust year with a downturn, as investors take profits and recalibrate portfolio
Major stock indices are poised to end a robust year with a downturn, as investors take profits and recalibrate portfolios. This end-of-year weakness is often attributed to tax-loss harvesting and general market uncertainty heading into the new year, even after a period of significant gains. The significant drop in silver prices further indicates a broader caution in the commodity markets.
Watch upcoming earnings, policy statements and sector-level price action for confirmation.
Major stock indices are poised to end a robust year with a downturn, as investors take profits and recalibrate portfolios. This end-of-year weakness is often attributed to tax-loss harvesting and general market uncertainty heading into the new year, even after a period of significant gains. The significant drop in silver prices further indicates a broader caution in the commodity markets.