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.
Since the start of 2024, the S&P 500 has never once closed below its 200-day moving average, according to Bespoke Investment ...
Investors became gloomy on Friday, threatening to derail a long winning streak for stocks, as inflation remained high.
The world’s most famous market indicator just suffered its longest losing streak since Jimmy Carter was in the White House.
Wednesday marked the first time since the inception of the Nasdaq Composite in 1971 that the index set a new record closing ...
The Dow Jones Industrial Average closed fractionally higher on Thursday, stretching its winning streak to five sessions ...
11d
The Fed meeting kicks off with investors on alert for clues to the path of rates after the widely expected December cut.
The Dow Jones Industrial Average shed 2.6%, or 1,123 points, closing at 42,327. The S&P 500 lost nearly 3%, closing at 5,872.
The Dow is on track to fall for a ninth-straight day and close below a key level for the first time since before the 2024 election. The blue-chip index is down nearly 300 points, or 0.7%, to 43,4422.
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