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SOTS 2nd Hour: A Chip On Your Shoulder, Retail Records, and A Tesla Bear-Turns-Bull 12/2/24

Squawk on the Street

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Intro

This chapter analyzes the stock market's mixed performance as December begins, focusing on the uplifting contributions from consumer discretionary, technology, and communication services sectors, particularly for the Nasdaq. Conversely, it highlights the downturn in cyclical sectors like energy, industrials, and financials, with notable examples such as Supermicro and Tesla.

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