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Meanwhile, stock investors are still awaiting a "Santa Claus rally," a five-day trading stretch marked by big gains at the year's end. Here's where US indexes stood shortly after the 9:30 a.m ...
The market's positive open follows four consecutive days of losses in the final trading days of 2024. Still, the S&P 500 surged 23% to notch back-to-back annual gains of over 20%.
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
MacDonald's stock dropped 6% after the Centers for Disease Control and Prevention said an outbreak of E. Coli linked to the fast food chain's quarter pounders led to one death and 10 hospitalizations.
Initial jobless claims came in at 219,000 for last week, below consensus estimates of 225,000. Here's where US indexes stood at the 4:00 p.m. closing bell on Thursday: S&P 500 : 6,037.59, down 0.04%
Friday was an abbreviated trading day, with stocks closing at 1 p.m. ET and the bond market an hour later. Stock market today: S&P 500 and Dow post gains and close out best month of 2024 Skip to ...