Dow Logs 5th-Straight Win; Nasdaq Holds 20,000

The Dow was down triple digits at its session lows

Patrick Martin

Managing Editor

Dec 26, 2024 at 4:24 PM

A Santa Claus rally is still in play, albeit barely. Amid lighter volume, the Dow pared a triple-digit loss at its session lows, capturing a fifth-straight win. While the S&P 500 and Nasdaq also fought their way back into positive territory, both finished marginally in the red, though the tech-heavy latter managed to hold the psychologically-significant 20,000 level.

Continue reading for more on today's market, including:

Is there any hope for this pharmacy stock?
Crypto stocks took a hit today.
Plus, UBER cools off; Delta earnings loom for 2025; and prepping for the New Year.

closing summary dec26

nyse nasdaq dec26

5 Things to Know Today

Holiday spending continues to rise year-over-year. (MarketWatch)
No, China is not interfering with the Panama Canal. (Bloomberg)
Uber suffers a buyout setback.
Delta stock looking to buck post-earnings trend.
Real estate data defines first week of 2025.

There were no earnings of note today.

Gold Lifted by Low-Volume Session

The increased prospects of China stimulus measures sent oil prices higher today. February-dated West Texas Intermediate (WTI) crude added 48 cents, or 0.7%, to settle $69.62 per barrel.

Light trading volumes and safe-haven demand boosted bullion today. Gold for January delivered added 0.7% to settle around $2,64.60 an ounce.

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