US stocks slightly lower after Christmas holiday, tech stocks mostly down, crypto-related stocks dip

From Investing.com: 2024-12-26 13:04:48

U.S. stocks slightly lower after Christmas holiday, with the S&P 500 down 0.10% as of 12:58 ET (17:58 GMT).

Weekly U.S. jobless claims hit one-month low at 219,000, lower than the predicted 224,000. Continued claims rise to 1.910 million, surpassing economists’ expectations of 1.880 million.

Tech stocks mostly down despite Apple’s 0.2% gain post-Wedbush upgrade to $325, citing AI-driven iPhone upgrade cycle.

Crypto-related stocks dip as bitcoin falls 2%, but KULR Technology surges 30% after purchasing 217 bitcoin. Plans to allocate 90% of excess cash to bitcoin.



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