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U.S. stock indexes finish modestly lower as year-end trade thins

U.S. stock benchmarks ended modestly lower in light holiday trading, with mixed sector performance and focus on Fed meeting minutes ahead of the new year.
Major U.S. stock indexes closed slightly lower in a holiday-shortened session, with the S&P 500, Dow Jones and Nasdaq each dipping amid thin year-end trading and mixed sector moves. Communication services saw gains but broader tech and financial stocks lagged. Investors watched Federal Reserve meeting minutes for policy signals and anticipated continued market volatility as 2025 draws to a close.