Dow ends higher for fifth straight daily gain as stocks attempt to score Santa rally
The Santa Claus rally refers to a seasonal tendency for the S&P 500 to rise over the last five days trading days of a calendar year and the first two of the new year. U.S. stocks pared early losses on Thursday, with the Dow wavering in and out of positive territory in recent trade.
Stock market today: Dow ekes out gains, bitcoin slumps as 'Santa Claus' rally takes a pause
According to the latest Labor Department data, weekly jobless claims fell to 219,000 compared with expectations of 223,000. However continuing claims pointed to a cooling labor market, jumping by 46,000 in the week ending Dec. 14 to 1.91 million, the highest level since November 2021.
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February Brent crude the global benchmark, rose by 57 cents, or 0.8%, to $73.42 a barrel on ICE Futures Europe. Back on Nymex ...
The Dow Jones dropped 1,123 points (or 2.6 percent) by the close of the market Wednesday after the Fed's 19 policymakers ...
The Dow Jones dropped 280 points Friday as Treasury yields continued to rise. Nvidia stock and Tesla sold off on the stock market today.
The Dow Jones Industrial Average closed fractionally higher on Thursday, stretching its winning streak to five sessions ...
The world’s most famous market indicator just suffered its longest losing streak since Jimmy Carter was in the White House.
Wall Street limped to a downbeat end of the trading week on Friday as a sell-off in Big Tech stocks dragged the Dow Jones ...
The Santa Claus rally got off to a strong start with Tesla leading the Nasdaq higher. Nvidia just topped a buy point.
The Dow is on track to fall for a ninth-straight day and close below a key level for the first time since before the 2024 election. The blue-chip index is down nearly 300 points, or 0.7%, to 43,4422.
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