S&P 500 Declines as Tech Stocks Struggle After Holiday Week

Reported about 19 hours ago

On December 27, 2024, the S&P 500 fell by 1.1%, led by declines in major tech stocks, marking a weak finish to the holiday week. Tesla shares dropped 5% ahead of an upcoming quarterly delivery update, while Super Micro Computer fell 5.2% amid ongoing accounting concerns. However, Lamb Weston saw a 2.6% increase following investor advocacy for changes at the company. Overall, while the S&P 500 struggled, other indexes ended the week positively.

Source: YAHOO

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