Summary
- The S&P 500 (SPX) had a rough week just ahead of the Christmas and New Years holidays.
- The rough going was courtesy of the grinches at the Fed, who did their best to steal Christmas from investors by putting the kibosh on the prospects for more than two interest rate cuts in 2025.
- After the Fed’s final announcement of 2024, the S&P 500 managed to recover one of the three percent it lost on Wednesday, Dec. 18. The index closed at 5,930.87, down two percent from where it ended the preceding week.
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The S&P 500 (Index: SPX) had a rough week just ahead of the Christmas and New Years holidays.
The rough going was courtesy of the grinches at the Federal Reserve, who did their best to
