Tech Stocks Fuel Market Rally Ahead of Christmas

Tech companies led a broad rally for U.S. stocks Tuesday, a boost for the stock market before it closes early for Christmas Eve. The S&P 500 rose 0.8% in midday trading. The Dow Jones Industrial Average was up 273 points, or 0.6%, as of 12:18 p.m. Eastern time. The tech-heavy Nasdaq composite was up 1%.Chip company Broadcom rose 2.9%, while semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 0.8%. Super Micro Computer jumped 5.8%.rose 1.

1% 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. NeueHealth surged 68.9% after the health care company agreed to be taken private in a deal valued at roughly $1.3 billion. Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.61% from 4.59% late Monday. Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly Wall Street has several economic reports to look forward to this week, including a weekly update on unemployment benefits on Thursday. Tuesday’s rally comes as the stock market enters what’s historically been a very cheerful season. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. The so-called “Santa rally” also correlates closely with positive returns in January and the upcoming year. which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to Even so, the stock market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up about 26% so far this year and remains within roughly 1.3% of the all-time high it set earlier this month — its latest o

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Wall Street stocks end lower after inflation data, tech stocks push Nasdaq downWall Street stocks end lower after inflation data, tech stocks push Nasdaq down
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

European Markets Rise on Christmas Eve as Tech Stocks Lead GainsEuropean stocks closed higher on Tuesday, December 26, in a shortened trading session for Christmas Eve. The pan-European Stoxx 600 gained around 0.3%, with all sectors in positive territory. Tech stocks, notably AstraZeneca, were among the top performers, recovering from a recent setback. Other notable developments included Anglo American facing environmental scrutiny in Chile and Vistry revising its full-year profit guidance downward.
Fonte: NBCNewYork - 🏆 270. / 63 Consulte Mais informação »

Stock market today: Asian shares rise after tech stocks pull Wall Street to another recordAsian shares are mostly higher after technology stocks pulled Wall Street to another record finish. Benchmarks rose in Tuesday trading in Tokyo, Seoul, Sydney, Hong Kong and Shanghai. On Monday, the S&P 500 rose 0.2% after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%.
Fonte: AP - 🏆 728. / 51 Consulte Mais informação »

Stock market today: Global shares rise after tech stocks pull Wall Street to another recordGlobal shares are mostly higher after technology stocks pulled Wall Street to another record finish.
Fonte: ksatnews - 🏆 442. / 53 Consulte Mais informação »