US stocks (^DJI, ^IXIC, ^GSPC) close Thursday's session in negative territory, the Nasdaq Composite falling by 66% the day after it closed above its historic 20,000 benchmark for the first time. Wall Street has its focus on next week's Federal Reserve meeting and whether central bank officials will cut interest rates or hold them where they are in their final policy meeting of 2024.

Market Domination Overtime host Julie Hyman and Yahoo Finance markets and data editor Jared Blikre recap the day's market performances.

To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

This post was written by Luke Carberry Mogan.