Stock market experienced Santa Claus rally, with all major indexes gaining - positive

From Nasdaq: 2024-12-24 13:24:05

The stock market experienced a Santa Claus rally, with all three major indexes posting gains. The Dow added 390 points, the S&P 500 reclaimed the 6,000 level, and the Nasdaq closed above 20,000.

In other news, a Russian cargo ship sank in the Mediterranean, the Federal Reserve was sued by U.S.-based banks, an analyst set a high target for Netflix stock, Broadcom stock continued to rise, and Wall Street’s “fear gauge” hit a key pivot point.

Oil prices rose slightly, while gold prices remained steady.



Read more at Nasdaq: Stocks Soar into Christmas as Santa Claus Rally Arrives