The Stock Market Finally Snaps Its End-of-Year Skid – Barron’s
From Google: 2025-01-03 04:03:00
The stock market broke its end-of-year losing streak, with the S&P 500 gaining 1.1% and the Dow Jones Industrial Average rising by 1.4%. This positive momentum was driven by a strong rebound in technology and financial stocks. The Nasdaq Composite also saw gains, closing up 0.7%. Investors were encouraged by positive economic data, including a rise in consumer confidence and a decrease in weekly jobless claims. Despite the recent volatility, analysts remain cautiously optimistic about the market’s outlook for the coming year.
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