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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%.
The losses extend the market's losing streak to five days, putting the Santa Claus rally at risk. Apple stock dropped more than 2.5%. Tesla fell 6% after reporting deliveries.
Tesla stock surged 7% to hit a $1 trillion market cap on Friday for the first time since April 2022. Traders betting against clean-energy stocks have made $1.3 billion since Trump's election win.
The mixed results come on the second day of a Santa Claus rally, the last five trading days of the year and first two in January. Meanwhile, new jobs data shows continuing claims have surged to a ...
The chip giant is scheduled to report its third-quarter results after the market close on November 20. Here's where US indexes stood at the 4:00 p.m. closing bell on Monday: S&P 500 : 6,001.35, up ...
Major stock indexes surged to record highs on Thursday, a day after a jumbo rate cut from the Federal Reserve. The S&P 500 and the Dow Jones Industrial Average both closed at fresh all-time highs ...