Evening Market Recap - Thursday 12-Dec

US equities were down in Thursday trading, selling off through the afternoon and ending near session lows. It was an overall weaker day with negative breadth and lacking the recent support that has been coming from Mag 7 names and the broader tech space. In macro news, November headline PPI is up 0.4% month over month, hotter than the 0.3% consensus, with the release noting a jump in foods.