Dow struggles for direction as Santa Claus rally stalls
The Santa Claus rally refers to a seasonal tendency for the S&P 500 to rise over the last five days trading days of a calendar year and the first two of the new year. U.S. stocks pared early losses on Thursday, with the Dow wavering in and out of positive territory in recent trade.
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.
Since the start of 2024, the S&P 500 has never once closed below its 200-day moving average, according to Bespoke Investment ...
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Stock Market Today: Dow Jones On Pace To Break Win Streak As Treasury Prices Keep Falling; Meta Platforms Down 1% As This Blue Chip Trips Sell Rule (Live Coverage)Among megacap techs, Meta Platforms demonstrated a tinge of sluggishness seen among a select group of techs so far in ...
The Dow, S&P 500 and Nasdaq are slightly higher Thursday as the stock market reopens following the Christmas holiday.
The Dow Jones Industrial Average is chock-full of industry-leading blue chip stocks -- many of which pay dividends. But the ...
A cooler-than-expected PCE print for the month of November has Fed president Austan Goolsbee encouraged about future interest ...
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Stock indexes drifted to a mixed finish on Wall Street Thursday, as some heavyweight technology and communications sector ...
A wave of AI uncertainty and valuation concerns have stopped this highflier in its tracks, but blistering gains could be on ...
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