Stock Market Overview
Wed, Dec 25th, 2024
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Stocks Close Higher on Continued Support From Chip and Tech Stocks
Barchart - Tue Dec 24, 1:17PM CST
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +1.10%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.91%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.37%. March E-mini S&P futures (ESH25) rose +1.04%, and March E-mini Nasdaq futures (NQH25) rose +1.35%. The NYSE and Nasdaq on Tuesday closed early at 1PM Eastern time for the Christmas Eve holiday.
Stocks on Tuesday continued to rally due to strength in chip and tech stocks. Chip stocks saw continued strength after the Biden administration on Monday announced a trade investigation of Chinese chips, which may pave the way for the incoming Trump administration to slap tariffs on Chinese chips, thus providing trade protection for US chip makers.
China may sell a record 3 trillion yuan ($411 billion) of special Treasury bonds in 2025 to bolster economic stimulus for its economy, according to a report Tuesday by Reuters. That would be sharply higher from 1 trillion yuan of bonds sold this year. Th... Read more
Stock market today: Asian shares are mostly lower, with most world markets closed for Christmas
AP - Wed Dec 25, 12:25AM CST
Shares are lower in Tokyo and Shanghai, two of only a handful of world markets open on Christmas day
Heavy travel day starts with brief grounding of all American Airlines flights
AP - Tue Dec 24, 5:41PM CST
American Airlines briefly grounded flights nationwide due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those...
Stock market today: Wall Street rallies ahead of Christmas
AP - Tue Dec 24, 1:42PM CST
Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks
Stocks Close Higher on Continued Support From Chip and Tech Stocks
Barchart - Tue Dec 24, 1:17PM CST
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.37%. March E-mini...
Survey: Small businesses are feeling more optimistic about the economy after the election
AP - Tue Dec 24, 10:21AM CST
A survey shows small business owners are feeling more optimistic about the economy following the election
Could Global Tensions Ease in 2025?
TradingView - Tue Dec 24, 10:05AM CST
Donald Trump promises to resolve major geopolitical crises on his first day as president, but that doesn't mean the world will calm down. Tensions are likely to continue to escalate, leading to further...
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