Reported 3 days ago
On the first trading day of 2025, major U.S. stock indices including the Dow Jones, S&P 500, and Nasdaq experienced declines as optimism from a holiday rally dissipated. The S&P 500 fell by 0.2%, the Dow dropped 0.3%, and the Nasdaq saw a minor decrease. Notably, Tesla's shares plunged nearly 6% following its first annual delivery decline since 2011, while Apple reported drops due to increased competition and price discounts in China. Mixed economic data also influenced market sentiment, including rising mortgage rates and decreasing jobless claims.
Source: YAHOO