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The S&P 500 rose 0.6% while the Dow Jones Industrial Average gained 0.4%. Friday was an abbreviated trading day, with stocks closing at 1 p.m. ET and the bond market an hour later.
The tech-heavy Nasdaq Composite fell 1.58% while the S&P 500 lost 1.12%. The Dow Jones shed 333 points to end the day.
The Dow Jones Industrial Average gained 15 points, ending barely higher after losing more than 1,100 points on Wednesday. The index, however, managed to break its longest losing streak in 50 years.
The Dow's losses amount to roughly 3%, or more than 1,500 points, in the past nine trading sessions. The index has fallen from a record close of 45,014 on Dec. 4 to 43,499 as of Tuesday's close.
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
US stocks rose Friday, with the Dow Jones closing at a record high for the second day in a row. The S&P 500 and the Dow achieved a four-month win streak in August amid renewed hopes for a soft ...
US stocks cratered on Wednesday, with the Dow Jones Industrial Average falling more than 1,100 points amid its longest losing streak in 50 years after the Federal Reserve delivered an expected ...
The S&P 500 is down 3% this month. Market leader Nvidia ( NVDA ) is down 6% in December . What has spooked the markets is the Fed not committing to aggressive rate cutting in 2025.