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Stock Market Today: Stocks Struggle in Post-Christmas Session

Stock Market Today: Stocks Struggle in Post-Christmas Session


Published on 2024-12-26 16:21:09 - Kiplinger
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  • After closing higher in Tuesday's abbreviated session, the Dow Jones Industrial Average finished today up 0.07% at 43,325, while the S&P 500 was 0.04% lower at 6,037, and the Nasdaq Composite had shed 0.05% to 20,020.

The article from Kiplinger discusses the stock market's performance on the day after Christmas, highlighting a lack of significant movement due to low trading volume and the holiday season's typical slowdown. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all experienced minor fluctuations, with the S&P 500 and Dow slightly down and Nasdaq slightly up. Key points include a brief mention of economic indicators like the Chicago Fed National Activity Index showing economic growth, and the anticipation of upcoming economic reports like the Personal Consumption Expenditures (PCE) price index. Additionally, there was a focus on individual stock performances, such as Tesla's stock rising after announcing a new vehicle, and a general market sentiment influenced by the Federal Reserve's recent signals about potential interest rate adjustments in 2024. The article also notes the market's reaction to these developments, with investors cautiously optimistic but largely in a holding pattern due to the holiday period.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/stocks/stock-market-today-stocks-struggle-in-post-christmas-session ]
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