Dow Jones Today: DJIA Dips on Low Volume as Holiday Lull Lingers
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The Dow Jones (DJIA) is slightly down on low trading volume as the year-end holiday lull continues. Investors await the Fed's November meeting minutes, which may impact future monetary policy expectations. Last month, the Fed cut rates by 25 bps amid dissenting votes. Trump criticized Fed Chair Powell and threatened legal action over the Fed's renovation costs. Meanwhile, housing affordability is improving, with a 1.4% rise in home prices and a 3.3% increase in pending home sales in November. The DJIA is down 0.12%.
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