S&P 500, Dow hit all-time closing highs
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Stocks were riding high ahead of the Christmas holiday on Wednesday, with the S&P 500 tallying a fresh intraday record during the abbreviated Christmas Eve session. But for investors, the real gift from Wall Street comes the day after Christmas.
The benchmark S&P 500 hit its latest record, setting up Wall Street to ride into the Christmas holiday on a high note.
U.S. stock futures were mostly steady Thursday night as Wall Street reopened after Christmas. The pause followed a strong holiday-shortened session. The S&P 500 hit a fresh intraday record. The Dow Jones closed at a new high.
The Dow Jones ended 230 points lower, after giving up over 500 points from the highs of the day. The S&P 500 fell 1.2%, while the Nasdaq saw losses of 1.8% led by losses in most AI-linked names. Both the S&P 500 and the Nasdaq closed below their respective 50-Day Moving Average (DMA).
Major stock indexes ended sharply higher Thursday after delayed Consumer Price Index data came in better than expected, with the blue-chip Dow Jones Industrial Average and benchmark S&P 500 snapping four-session losing streaks.
Stocks are opening higher on Wall Street as AI stocks like Nvidia turn higher again. The S&P 500 was up 0.5% in the first few minutes of trading Friday. The index is coming off a solid gain but is still lower for the week.
Big Tech and other superstars of the U.S. stock market are rallying on Monday, as Wall Street recovers most of its loss from last week. The S&P 500 climbed 1.3% to claw back three-quarters of its drop from last week, which was its first weekly loss in four.
Wall Street analysts expect another strong year in stocks in 2026, propelled by continued AI sector gains and additional Fed interest-rate cuts.
More drops for AI stocks are dragging the U.S. market lower, and Wall Street is heading toward a fourth straight loss. The S&P 500 fell 0.6% Wednesday.
Most of Wall Street is rising on Tuesday, and the U.S. stock market is back to where it was before last week’s swoon. The S&P 500 added 0.2% after erasing a loss taken during the morning. It’s been bouncing around lately, coming off Monday’s vigorous ...