Wall Street Struggles Post-Christmas

Wall Street's indexes opened lower on Thursday in light trading volumes after Christmas, as investors evaluated their portfolios seeking a year-end boost. The Dow Jones dropped 95.2 points, S&P 500 slid by 15.1 points, and the Nasdaq Composite decreased by 51.9 points during the market's opening.


Devdiscourse News Desk | Updated: 26-12-2024 20:03 IST | Created: 26-12-2024 20:03 IST
Wall Street Struggles Post-Christmas
This image is AI-generated and does not depict any real-life event or location. It is a fictional representation created for illustrative purposes only.

Wall Street's main indexes registered a decline Thursday in a day marked by light trading volumes following the Christmas holiday. Investors were eager to assess their portfolios in anticipation of a potential year-end lift from the anticipated 'Santa Claus rally.'

At market opening, the Dow Jones Industrial Average saw a decrease of 95.2 points, or 0.22%, settling at 43201.85. Simultaneously, the S&P 500 experienced a loss of 15.1 points, translating to a 0.25% decline, closing at 6024.97.

The tech-heavy Nasdaq Composite also saw a downturn, dropping 51.9 points, or 0.26%, reaching 19979.251 shortly after the opening bell, indicating a cautious investor sentiment amidst the holiday season.

(With inputs from agencies.)

Give Feedback