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Metals Face Profit-Taking as Key Data Looms
U.S. private payrolls rose by 41,000 in December, according to the ADP report, reversing the previous month’s decline. Meanwhile, President Donald Trump said the U.S. would ban Wall Street institutions from buying single-family homes. U.S. equities closed mixed on Wednesday: the S&P 500 ended lower as financial stocks such as JPMorgan and Blackstone declined, while Nvidia and Alphabet lifted the Nasdaq as investors rotated towards artificial intelligence (AI)-related names. The Dow Jones Industrial Average fell 0.94%, the S&P 500 slipped 0.34%, and the Nasdaq Composite edged up 0.16%. The U.S. dollar was steady ... (full story)
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