US Stock Markets Show Strong Gains on January 3, 2025

Reported 3 days ago

On January 3, 2025, major US stock indexes saw significant increases, with the S&P 500 rising 1.3%, marking its best day in nearly two months, primarily driven by strong performances in large tech stocks like Nvidia and Tesla. The Dow increased by 0.8%, and the Nasdaq gained 1.8%. Despite concerns raised by the U.S. Surgeon General regarding alcohol-related cancer risks, the markets rebounded from a holiday slump, and Treasury yields also rose due to positive manufacturing data.

Source: YAHOO

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