Charlie Toole, vice president at Adviser Investments, has the market analysis for Monday, December 17. Despite minimal movement early in the day, all major U.S. stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. indexes once again declined. The Dow Jones Industrial Average and the S&P 500 fell 2.1% and the NASDAQ dropped 2.3%. Meanwhile, the National Association of Home Builders/Wells Fargo Housing Market Index released December data, down from 60 to 56, following the eight-point decrease from October to November. That index is currently at its lowest since 2015 because of elevated borrowing expenses and home prices. The New York Fed also released manufacturing data: December’s Empire State manufacturing index declined more than 50% to hit its weakest level since May 2017.