Market overall positive with Dow gaining fifth-straight win, Nasdaq holding 20,000.
From NASDAQ.: 2024-12-26 16:24:53
In the stock market, the Dow captured a fifth-straight win amid a Santa Claus rally, while the S&P 500 and Nasdaq finished marginally in the red. Crypto stocks took a hit, Uber faced a buyout setback, and Delta stock looks to buck post-earnings trend. Holiday spending continues to rise, China denies interfering with the Panama Canal, and real estate data defines the first week of 2025. Gold prices were lifted by low-volume trading and safe-haven demand, with oil prices also rising on prospects of China stimulus measures. No notable earnings were reported today.
Read more at NASDAQ.: Dow Logs 5th-Straight Win; Nasdaq Holds 20,000
