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Today marks the start of the Santa Claus trading window, a historically bullish 7-day stretch. The stock market will close at 1 p.m. for a shortened trading session due to Christmas Eve.
Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The Dow Jones Industrial Average slipped 0 ...
The Nasdaq dropped almost 2% and the S&P 500 lost 1%. Traders see potential for fewer rate cuts this year after the latest data.
The stock ended the day at $138.37. Also on Thursday, investors digested a surprise fall in jobless claims, down 15,000 from the week before to 227,000. Consensus estimates had expected 242,000.
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
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.
Indexes closed lower in the first trading day of the year on Thursday. The losses extend the market's losing streak to five days, putting the Santa Claus rally at risk. Apple stock dropped more ...
The 10-year Treasury yield was unchanged as the bond market was closed in observance of Veterans Day. Bitcoin surged 8.37% to $87,160.69. Read the original article on Business Insider