US Stock Market Rebounds Led by Nvidia and Tesla Despite Weekly Losses

Reported 2 days ago

US stocks gained on Friday, with the Dow, S&P 500, and Nasdaq showing increases, largely driven by Tesla's 8% rise following record sales in China and Nvidia's 4% gain. Despite this positive end to the week, all three major indexes concluded their holiday-shortened week with losses attributed to a five-day losing streak and economic data reflecting manufacturing struggles. The anticipated 'Santa Claus' rally failed to materialize, leaving investors cautious about the outlook for January.

Source: YAHOO

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