News-News.Zip

News in English (USA) / 27.12.2024 / 18:00

Wall Street Experiences Volatile Trading Amidst Year-End Adjustments

Stocks on Wall Street have faced notable fluctuations as the holiday season draws to a close. The Dow dropped over 300 points, primarily dragged down by major technology stocks, with the Nasdaq suffering a 2% decline. Amid thin trading and profit-taking, analysts warn that traditional year-end rallies may not materialize as expected. Despite some mixed signals, tech giants like Nvidia and Tesla continue to lead the retreat, signaling caution among investors. However, some market experts maintain an optimistic outlook for the remaining holiday period.
CNBC, Yahoo Finance, Reuters, The Wall Street Journal, "Investors Business Daily", ForexLive, Bloomberg, The Associated Press, Investopedia, Markets Insider