Stocks, including Dow and Nasdaq, dropped significantly, with market cooling off

From Nasdaq: 2024-12-30 16:29:08

Stocks closed in the red with the Dow dropping 418 points, marking a second consecutive triple-digit loss. The S&P 500 and Nasdaq also logged losses, falling below key levels. The Cboe Volatility Index (VIX) rose for the third straight day, and the 10-year Treasury yield fell to 4.54%. Natural gas futures are rising ahead of a frigid January, while tragedy strikes Boeing stock. Oil prices gained slightly, but natural gas prices surged by 20%. Gold prices fell despite lower bond yields. No notable earnings were reported.



Read more at Nasdaq: Dow, Nasdaq Shed Triple Digits as Stocks Cool Off