A Santa Claus rally remains to be in play, albeit barely. Amid lighter quantity, the Dow pared a triple-digit loss at its session lows, capturing a fifth-straight win. Whereas the S&P 500 and Nasdaq additionally fought their manner again into optimistic territory, each completed marginally within the crimson, although the tech-heavy latter managed to carry the psychologically-significant 20,000 stage.
Proceed studying for extra on at present’s market, together with:
- Is there any hope for this pharmacy stock?
- Crypto stocks took successful at present.
- Plus, UBER cools off; Delta earnings loom for 2025; and prepping for the New 12 months.
5 Issues to Know Right now
- Holiday spending continues to rise year-over-year. (MarketWatch)
- No, China is just not interfering with the Panama Canal. (Bloomberg)
- Uber suffers a buyout setback.
- Delta stock trying to buck post-earnings development.
- Real estate data defines first week of 2025.
There have been no earnings of be aware at present.
Gold Lifted by Low-Quantity Session
The elevated prospects of China stimulus measures despatched oil costs increased at present. February-dated West Texas Intermediate (WTI) crude added 48 cents, or 0.7%, to settle $69.62 per barrel.
Mild buying and selling volumes and safe-haven demand boosted bullion at present. Gold for January delivered added 0.7% to settle round $2,64.60 an oz..
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
