S&P 500 Rallies on Christmas Eve, Fueled by Tech Stocks

Reported about 19 hours ago

On December 24, 2024, the S&P 500 rose 1.1% during a shortened trading session, benefiting significantly from gains in the tech sector. Tesla's shares surged 7.4% amid strong quarterly delivery forecasts, while Broadcom's stock climbed 3.2% thanks to optimistic AI revenue projections. Other notable movements included Super Micro Computer and Starbucks, with the latter's strike expected to have minimal impact on operations. Conversely, Walgreens Boots Alliance and Celanese stocks experienced declines amid ongoing challenges.

Source: YAHOO

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