Reported 3 days ago
The stock market experienced significant declines on the first trading day of the final week of 2024, with the S&P 500 dropping by about 1.6%, the Nasdaq Composite down roughly 1.7%, and the Dow Jones Industrial Average down over 1.6%. This decline follows a successful year for the markets, where the S&P 500 has risen over 25% amid strong corporate earnings, despite the lack of expected gains during the traditional 'Santa Claus' rally period.
Source: YAHOO