Stock Market Overview: Big Tech Decline Affects Dow, S&P, and Nasdaq but Weekly Gains Persist

Reported 1 day ago

The US stock market ended the week on a down note, with the S&P 500 down 1.1%, the Nasdaq dropping 1.5%, and the Dow losing 0.8%, driven by losses in major tech stocks such as Tesla and Nvidia. Despite the decline, all three indices recorded weekly gains of 1.8% for the S&P 500 and Nasdaq, and 1.5% for the Dow, as investors await key economic developments and the impact of the upcoming Trump administration on markets. The anticipated 'Santa Claus' rally failed to materialize as trading approaches the end of a successful year.

Source: YAHOO

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