“Wall Street’s major indexes rose on Tuesday in a shortened pre-Christmas trading session, with the S&P 500 and Nasdaq rising for a third straight day.”, — write: epravda.com.ua
Wall Street’s major indexes rose on Tuesday in a shortened pre-Christmas trading session, with the S&P 500 and Nasdaq rising for a third straight day. Reuters writes about it. Broadcom and Nvidia were the biggest gainers, up 2.7% and 0.7%, respectively, while consumer staples and technology led the S&P 500. Absent significant catalysts, the low volume expected in recent days of the year increasing the likelihood of choppy trading.Advertisement: The Dow Jones Industrial Average rose 32.38 points, or 0.08%, to 42,939.33, the S&P 500 rose 21.68 points, or 0.36%, to 5 995.75, and the Nasdaq Composite – by 116.55 points, or 0.59%, to 19,881.43. The benchmark S&P 500 fell about 1% in December, while the S&P 500, which measures the index’s average, fell 5.8%. Shares of NeueHealth soared 64% after the healthcare provider said New Enterprise Associates, its largest shareholder, and a group of existing investors would take the company private in a deal valued at $1.3 billion.Advertisement: American Airlines shares fell 1.9 % after the carrier briefly suspended all of its flights to the US due to an unspecified technical issue. Reminder: With December bringing Scrooge-like returns, investors are hoping the end of 2024 will bring some holiday cheer, but warn of potential headwinds.