Please ensure Javascript is enabled for purposes of website accessibility
Stock Market Today: Wall Street Holds Near Breakeven Ahead of Christmas
gvw_ap_news
By Associated Press
Published 10 hours ago on
December 24, 2024

U.S. stock indexes edge higher as Big Tech gains offset weakness in other sectors ahead of Christmas holiday. (AP/Peter Morgan)

Share

U.S. stock indexes edged higher in morning trading Tuesday, as gains for some Big Tech stocks made up for weakness elsewhere in the market.

The S&P 500 rose 0.4%. The Dow Jones Industrial Average was up 14 points, or 0.1%, as of 9:58 a.m. Eastern time. The tech-heavy Nasdaq composite was up 0.7%.

Gains in technology, financial and other sectors tempered a pullback by health care, energy and other stocks.

Chip company Broadcom rose 1.3%, while semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 1.2%.

American Airlines fell 1.2% after the airline briefly grounded flights nationwide due to a technical issue.

U.S. Steel slipped 0.5% a day after an influential government panel failed to reach consensus on the possible national security risks of the nearly $15 billion proposed sale to Nippon Steel of Japan.

Bond Yields and Global Markets

Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.62% from 4.59% late Monday.

European markets were mostly higher. Markets in Asia mostly gained ground.

Holiday Trading and Economic Reports

U.S. markets will close at 1 p.m. Eastern and stay closed Wednesday for Christmas.

Wall Street has several economic reports to look forward to this week, including a weekly update on unemployment benefits on Thursday.

RELATED TOPICS:

DON'T MISS

CalFire Shares 2024’s Top Images. See Highlights of Intense Wildfire Season.

DON'T MISS

While Sherrod Motors to Boise, Entz’s Bulldogs Add a Coach, Transfers, Recruits

DON'T MISS

California and Texas Duke It Out for Worst State to Raise a Family

DON'T MISS

Musk Slams ‘Wokepedia’ for Biased Editing, Urges Donation Boycott

DON'T MISS

Explore the Holiday Magic in California’s Death Valley

DON'T MISS

Visalia Unlicensed Driver Smashes Into Home. No Injuries Reported.

DON'T MISS

Penn State’s Schumacher-Cawley Is 1st Female Coach to Win NCAA Volleyball Title

DON'T MISS

Myles Turner Hits Late 3-Pointer, Scores 23 as Pacers Beat Warriors

DON'T MISS

What Is Israel’s US Funded Plan for the Middle East?

DON'T MISS

Caitlin Clark Honored as AP Female Athlete of the Year

UP NEXT

California and Texas Duke It Out for Worst State to Raise a Family

UP NEXT

Musk Slams ‘Wokepedia’ for Biased Editing, Urges Donation Boycott

UP NEXT

Explore the Holiday Magic in California’s Death Valley

UP NEXT

Visalia Unlicensed Driver Smashes Into Home. No Injuries Reported.

UP NEXT

Penn State’s Schumacher-Cawley Is 1st Female Coach to Win NCAA Volleyball Title

UP NEXT

Myles Turner Hits Late 3-Pointer, Scores 23 as Pacers Beat Warriors

UP NEXT

What Is Israel’s US Funded Plan for the Middle East?

UP NEXT

Caitlin Clark Honored as AP Female Athlete of the Year

UP NEXT

Rams Don’t Dominate, but They’re Mastered Winning Ugly

UP NEXT

What Goes on at Fresno County School Board Meetings? It’s Hard to Tell

Musk Slams ‘Wokepedia’ for Biased Editing, Urges Donation Boycott

6 hours ago

Explore the Holiday Magic in California’s Death Valley

6 hours ago

Visalia Unlicensed Driver Smashes Into Home. No Injuries Reported.

7 hours ago

Penn State’s Schumacher-Cawley Is 1st Female Coach to Win NCAA Volleyball Title

8 hours ago

Myles Turner Hits Late 3-Pointer, Scores 23 as Pacers Beat Warriors

8 hours ago

What Is Israel’s US Funded Plan for the Middle East?

8 hours ago

Caitlin Clark Honored as AP Female Athlete of the Year

9 hours ago

Rams Don’t Dominate, but They’re Mastered Winning Ugly

9 hours ago

What Goes on at Fresno County School Board Meetings? It’s Hard to Tell

9 hours ago

Elaborate Holiday Light Displays Are Making Spirits Bright in a Big Way

9 hours ago

CalFire Shares 2024’s Top Images. See Highlights of Intense Wildfire Season.

CalFire took to social media Tuesday to showcase its most viewed images of 2024, offering a poignant reminder of the year’s challenging wild...

5 hours ago

5 hours ago

CalFire Shares 2024’s Top Images. See Highlights of Intense Wildfire Season.

5 hours ago

While Sherrod Motors to Boise, Entz’s Bulldogs Add a Coach, Transfers, Recruits

6 hours ago

California and Texas Duke It Out for Worst State to Raise a Family

Photo of Elon Musk
6 hours ago

Musk Slams ‘Wokepedia’ for Biased Editing, Urges Donation Boycott

6 hours ago

Explore the Holiday Magic in California’s Death Valley

A vehicle crashed into a home on North Cain Street in Visalia Tuesday morning, causing minor property damage but no injuries, with the unlicensed driver cited at the scene. (Visalia PD)
7 hours ago

Visalia Unlicensed Driver Smashes Into Home. No Injuries Reported.

8 hours ago

Penn State’s Schumacher-Cawley Is 1st Female Coach to Win NCAA Volleyball Title

8 hours ago

Myles Turner Hits Late 3-Pointer, Scores 23 as Pacers Beat Warriors

Help continue the work that gets you the news that matters most.

Search

Send this to a friend