Wall Street Lunch: Record Holiday Spending Faces 'Returnuary'
Holiday spending surged, but returns are expected to hit 17% of U.S. merchandise sales, totaling $890 billion, highlighting the strain on reverse logistics. Uber's acquisition of Foodpanda was blocked by Taiwan's Fair Trade Commission,
Wall Street ends down at end of strong holiday-shortened week
Wall Street's main benchmarks closed lower on Friday in a broad-based sell-off affecting even tech and growth stocks that had driven markets higher through much of the shortened trading week. Lisa Bernhard has more.
Stock market today: Wall Street slips as the 'Magnificent 7' weighs down the market
Stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. The losses were made worse by sharp declines for the Big Tech stocks known as the “Magnificent 7”, which can heavily influence the direction of the market because of their large size.
Wall Street opens mixed as holiday-shortened week starts
The S&P 500 posted two new 52-week highs and one new low, while the Nasdaq Composite recorded 26 new highs and 43 new lows.
US Stocks Slide As Holiday Week Nears End
Wall Street stocks retreated early Friday as investors scrutinized recent trends during the holiday week. The Dow Jones Industrial Average fell 0.4 percent to 43,165.15, while the broad-based S&P 500 Index shed 0.7 percent to 5,992.88. The tech-focused Nasdaq Composite Index dropped 1.2 percent to 19,772.92.
Stock futures slip amid quiet holiday trading; Wall Street down slightly for the week
U.S. stock index futures slipped on Friday, with another quiet holiday session expected. Wall Street put in a muted performance on Thursday, potentially derailing a Santa Claus rally. With less than an hour remaining ahead of the opening bell,
Stock market today: Wall Street rises at the start of a holiday-shortened week
Stock indexes are rising in afternoon trading on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.6% Monday.
Wall Street slips as the 'Mag 7' weighs down the market
Despite Friday's drop, the market is moving closer to another standout annual finish. The S&P 500 is on track for a gain of around 25 percent in 2024. That would mark a second consecutive yearly gain of more than 20 percent, the first time that has happened since 1997-98.
Is the stock market open or closed on Christmas Day 2024? See holiday schedule
The Nasdaq and New York Stock Exchange will both close at 1 p.m. ET on Christmas Eve. The U.S. bond market will also have an early closure on Dec. 24, with markets set to close at 2 p.m. ET and remain closed on Christmas Day, according to the Securities Industry and Financial Markets Association.
Wall Street, led by Big Tech, rallies ahead of the Christmas holiday
Technology stocks led a broad rally on Wall Street during a holiday-shortened trading session the day before Christmas.
Wall St futures ease as strong holiday-shortened week draws to a close
U.S. stock index futures fell on Friday at the end of an upbeat holiday-shortened week for Wall Street's main indexes that was driven by expectations around a traditionally strong period for markets.
Wall Street drifts to a mixed close in thin trading following a holiday pause
Stocks edged lower on Wall Street Thursday morning as U.S. markets reopened for trading after the Christmas holiday. The S&P ...
Wall Street ends higher as Santa rally begins
Wall Street's main indexes all closed higher on Tuesday, with gains in megacap and growth stocks bolstering benchmarks in a ...