Wall Street Sees Gains Ahead of the Holidays
December 25, 2024 - 01:41
In a festive turn of events, Wall Street experienced a positive close as all three major indexes finished higher during the abbreviated trading session on Christmas Eve. This upward trend has sparked discussions about the potential for a Santa Claus rally, a phenomenon where stock prices rise in the final days of December.
Industry experts are weighing in on the future of the tech sector, particularly as the political landscape shifts with the anticipated return of President-elect Donald Trump to the White House. Adam Kovacevic, CEO and founder of Chamber of Progress, shared his insights on the tech industry's trajectory heading into 2025, highlighting the evolving dynamics within the sector.
Amidst these developments, several companies have captured investor attention, including Tesla, Archer Aviation, and Super Micro Computer. As the market navigates through this holiday season, analysts continue to monitor trends and provide expert commentary on the implications for investors and the broader economy.
MORE NEWS
February 4, 2026 - 18:52
Why Ford's US sales are slippingFord Motor Company reported a 5.3% year-over-year drop in U.S. vehicle sales for January, signaling a challenging start to the new year. The dip reflects broader pressures within the automotive...
February 4, 2026 - 13:03
Is It Too Late To Consider Mizuho Financial Group (TSE:8411) After A 5x Gain?Investors are closely examining Mizuho Financial Group following its extraordinary performance on the Tokyo Stock Exchange. The banking giant`s shares have delivered staggering returns, multiplying...
February 3, 2026 - 22:25
US House passes funding bill, closer to ending partial shutdownThe U.S. House of Representatives has passed a critical funding bill, taking a definitive step toward ending the partial government shutdown. The legislative action sends the measure to the White...
February 3, 2026 - 11:50
2 Warren Buffett Stocks to Buy Hand Over Fist in FebruaryThe investment landscape continues to shift, yet the principles of value and durability championed by Warren Buffett remain a guiding light for many. While the legendary investor has stepped back...