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The stock market will close at 1 p.m. for a shortened trading session due to Christmas Eve. US stocks were mostly higher on Tuesday led by gains in technology stocks.
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
McDonald’s stock was mostly flat in morning trading, up slightly by 0.25% to $250.49 per share as of 11:32 a.m. E.T. 10:00 a.m. ET: US homebuying slows in the final month of 2021
Why one firm sees the US stock market headed for a third-straight year of 20% gains in 2025. In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 2% to $73.11 a barrel.
US stocks climbed higher on Monday, with a rally among chipmakers fueling the tech sector. Nvidia gained 3%, while Broadcom and Advanced Micro Devices rose 5% and 4% respectively.
In the oil market, crude prices plunged more than 6%, representing the biggest one-day decline since September 2022 after Israel's attack against Iran over the weekend avoided oil facilities.
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