The stock market is slumping today. Why is the 'Santa rally' over?
Investors became gloomy on Friday, threatening to derail a long winning streak for stocks, as inflation remained high.
Dow Slips as Santa Claus Rally Stumbles
The stock market slipped on Friday to close out a holiday-shortened week, erasing this year’s Santa Claus rally so far. The Dow Jones Industrial Average dropped 334 points, or 0.8%. The S&P 500 slipped 1.
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: 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.
Wall Street ends higher as Santa Claus rally period begins
Both the Dow Jones Industrial Average and Nasdaq scored four straight sessions of gains, with the S&P 500 taking its winning streak to three sessions. Lisa Bernhard has more.
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Stock Market Today: Dow Jones Off Session Lows As Nvidia Struggles With Key Level; Warren Buffett Loads Up On Software Firm (Live Coverage)
Dow Jones stocks fell further below their 50-day moving average on the stock market today. Nvidia also fell. Warren ...
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Dow tumbles 500 points as Wall Street sells off Big Tech
The Dow was more than 500 points lower ... Don’t fear: Such dramatic market moves have become something of a Christmas week tradition, as buying and selling can have a dramatic effect on stock ...
Wall Street rally hits year-end snag as Dow drops by nearly 500 points
Wall Street limped to a downbeat end of the trading week on Friday as a sell-off in Big Tech stocks dragged the Dow Jones ...
Dow Jones Today: Stocks Poised to Open Lower But Remain on Track for Weekly Gains
Stock futures are slightly lower Friday as the Santa Clause rally that kicked off earlier in the week loses steam.
Stock market today: Dow, S&P 500, Nasdaq slide as Treasury yields hover near 7-month highs
United Airlines is the best performer of the group — its stock soared 144% in 2024. Meanwhile, Alaska Air Group shares are up ...
Stock market today: Wall Street slips as technology stocks drag on the market
Technology stocks are dragging down the market as Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell ...
Stock Market News: Dow Slides Amid Rising Bond Yields
Apple stock was the leader of the pack with a decline of only 1.6%. It was followed by Meta Platforms, down 1.9%, and Alphabet and Microsoft, both down 2.3%. Amazon.com was down 2.5%. Nvidia and Tesla ...
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Stock Market Today: Dow Jones Strives To Extend 4-Day Win Streak; Meta Platforms Down 1% As This Blue Chip Trips Sell Rule (Live Coverage)
Within the Dow Jones industrials, keep a close eye on Home Depot. It was among a bunch of blue chip components falling 1 ...