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Wall Street Slips in Final Days of Banner Year for US Stocks

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BUSINESS أخبار

STOCK MARKET,WALL STREET,S&P 500

US stocks ended the year on a down note despite strong overall performance. The S&P 500 still achieved a second consecutive yearly gain of over 20%.

Stocks fell on Wall Street as a strong year for the market looks set to end on a sour note. The S&P 500 closed 1.1% lower Monday. On the second-to-last day of 2024, the benchmark index is still on track for its second straight yearly gain of more than 20%. The Dow Jones Industrial Average gave back 1%, and the Nasdaq composite lost 1.2%. Declines in Big Tech companies like Apple and Microsoft weighed on the market.

Boeing fell after one of its jets skidded off a runway in South Korea, killing 179 of the 181 people aboard. The Dow Jones Industrial Average fell 418.48 points, or 1%, to 42,573.73. The S&P 500 is up 1,137.11 points, or 23.8%

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