U.S. stocks closed higher on Santa Claus rally, with Dow, S&P 500, and Nasdaq all up.

From Zacks Investment Research: 2024-12-26 08:06:22

U.S. stocks closed higher on Tuesday, with the Dow, S&P 500, and Nasdaq all ending the day in the green. The Dow rose 0.9%, the Nasdaq advanced 1.4%, and the S&P 500 gained 1.1%. Walmart was the major gainer in the Dow, with its stock price rising 2.6%. The Santa Claus rally began on Christmas Eve, marking the start of a positive trend in the market during the last days of the year and the beginning of the new year. The rally is based on optimism and a positive outlook for the market.



Read more at Zacks Investment Research: Stock Market News for Dec 26, 2024 – December 26, 2024