Stock Market Today: Dow ends higher for third straight daily gain, as bulls hold out hope for Santa rally
The Dow Jones Industrial Average went up 66.69 points or 0.2% to end at 42,906.95 for its third straight daily gain, according to Dow Jones Market Data. The S&P 500 went up 43.22 points or 0.7% to finish at 5,974.07.
Stock market today: Dow ekes out gains, bitcoin slumps as 'Santa Claus' rally takes a pause
According to the latest Labor Department data, weekly jobless claims fell to 219,000 compared with expectations of 223,000. However continuing claims pointed to a cooling labor market, jumping by 46,000 in the week ending Dec. 14 to 1.91 million, the highest level since November 2021.
For over 150 years, these metrics have perfectly foreshadowed trouble to come for Wall Street and/or the U.S. economy.
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The Santa Claus rally refers to a seasonal tendency for the S&P 500 to rise over the last five days trading days of a ...
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Since 1990, there have been 12 years in which the S &P 500 has gained 20% or more, Cox said. The stock market crossed that ...
The Dow Jones Industrial Average (DJIA) shed around 400 points on a quiet Friday. Most investors are still out of the markets on holidays and thin volumes have left the Dow Jones roughly a full ...
Unlike more effective indexes, the Dow’s weighting calculations are based on stock price, not market capitalization. That ...
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The Dow lost more than 250 points ahead of the Fed's decision on interest rates. Nvidia stock continued its correction, while ...
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Fresh off of its worst losing streak in 50 years, the Dow Jones Industrial Average stormed forward Friday following a ...
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