Dollar Gains, Stocks Mixed in Pre-Holiday Trading: Markets Wrap

Treasuries hold steady; bitcoin plunges; metals advance
Spanish equities reel on Catalan vote results; oil wavers

The Catalonia tension will "bend" but not "break" the euro in 2018, Stephen Gallo of BMO Capital Markets says.Source: Bloomberg)

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By Andrew Dunn

December 21, 2017 at 10:36 PM UTC

Updated on

December 22, 2017 at 9:05 PM UTC

This article is for subscribers only.

The dollar advanced and U.S. equities were mixed in the last trading session before Christmas, while bitcoin plunged at the close of a tumultuous week for cryptocurrencies.

With volume running about 25 percent below average, the S&P 500 Index was little changed as declines in consumer, health-care and financial stocks were countered by real estate and energy. Bitcoin’s slump entered a fourth day, with the digital currency enduring its worst week since January 2015. Chipmakers were among the biggest decliners in the S&P.