Stock market today: Indexes close mixed as traders hold out hope for a Santa Claus rally
The Dow closed slightly higher on Thursday while the Nasdaq and S&P 500 closed lower in the second day of a so-called Santa Claus rally period.
Stock Market Today: Dow ends higher for 4th straight day to kick off Santa rally period in shortened trading on Christmas Eve
Since the start of 2024, the S&P 500 has never once closed below its 200-day moving average, according to Bespoke Investment Group. Barring a sharp selloff between now and the end of the year, this would be only the 12th time since 1952 that this has happened.
Stock Market Today: Stocks Struggle in Post-Christmas Session
Stocks opened the day lower but found their way into positive territory by lunchtime. The enthusiasm faded into the close, however, putting this year's Santa Claus rally at risk. The Santa Claus rally is "officially defined as the last five trading days of the year plus the first two trading days of the new year,
Stock market today: US stocks edge higher in shortened Christmas Eve trading session
Today marks the official start of the Santa Claus trading window, which is historically a bullish 7-day stretch for stocks.
Stock Market Today: Dow ends higher for third straight daily gain, as bulls hold out hope for Santa rally
The Dow Jones Industrial Average went up 66.69 points or 0.2% to end at 42,906.95 for its third straight daily gain, according to Dow Jones Market Data. The S&P 500 went up 43.22 points or 0.7% to finish at 5,974.07.
Stock Market News: Dow Rises Nearly 400 Points
The Dow rose about 391 points, or 0.9%, through the 1 p.m. ET close. The S&P 500 closed up 1.1%. Only about 40 S&P 500 stocks declined on the day, and all 11 S&P 500 sectors closed higher.
Stock market today: Santa Claus rally kicks off with nearly 400-point gains for Dow Jones
Some of the biggest winners were mega-cap tech stocks, with Tesla up by 6% while Broadcom, Netflix, and Amazon each gained about 2%.
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