Stock market today: Indexes close mixed as traders hold out hope for a Santa Claus rally
The Dow closed slightly higher on Thursday while the Nasdaq and S&P 500 closed lower in the second day of a so-called Santa Claus rally period.
Stock market today: Dow ekes out gains, bitcoin slumps as 'Santa Claus' rally takes a pause
According to the latest Labor Department data, weekly jobless claims fell to 219,000 compared with expectations of 223,000. However continuing claims pointed to a cooling labor market, jumping by 46,000 in the week ending Dec. 14 to 1.91 million, the highest level since November 2021.
Stock Market Today: Dow ends higher for 4th straight day to kick off Santa rally period in shortened trading on Christmas Eve
Since the start of 2024, the S&P 500 has never once closed below its 200-day moving average, according to Bespoke Investment Group. Barring a sharp selloff between now and the end of the year, this would be only the 12th time since 1952 that this has happened.
Stock market today: Santa Claus rally kicks off with nearly 400-point gains for Dow Jones
Some of the biggest winners were mega-cap tech stocks, with Tesla up by 6% while Broadcom, Netflix, and Amazon each gained about 2%.
Dow Jones Futures: Market Rallies Into Holiday; Tesla Surges, Nvidia Tops Buy Point
The Santa Claus rally got off to a strong start with Tesla leading the Nasdaq higher. Nvidia just topped a buy point.
The Dow Rose Nearly 400 Points. Let the Santa Claus Rally Begin.
The Santa Claus rally got off to a jolly start in Tuesday’s holiday-shortened session. The Dow rose about 391 points, or 0.9%, through the 1 p.m. ET close. The S&P 500 closed up 1.1%. The Nasdaq Composite rose 1.
'Santa Claus rally' heading into the holidays with stocks poised for big gains
Kaltbaum Capital Management's Gary Kaltbaum and Scarlet Oak Financial's Frances Newton Stacy give their economic outlook heading into 2025 on 'Your World.'
Stock Market Today: Dow Jones Rises As Santa Claus Rally Revs Up; This Stock Warren Buffett Is Selling Hits New High
The Dow Jones rose on the stock market today. Magnificent Seven names Amazon and Nvidia were strong. American Airlines stock skidded.
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