Wall Street ends higher as Santa rally begins

Quick Summary:

Wall Street's main indices all closed higher on Tuesday, with gains in megacap and growth stocks bolstering benchmarks in a truncated Christmas Eve session.

The S&P 500 climbed 65.97 points, or 1.10%, to 6,040.04 points, while the Nasdaq advanced 266.24 points, or 1.35%, to 20,031.13.The Dow rose 390.08 points, or 0.91%, to 43,297.03.

Allianz's Ripley said the themes which had driven the market higher in the past two months remained intact, and actions by the Fed had not killed the rally.

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Category: EconomyBusiness

Markets: MalaysiaUnited States

Topics: GrowthStocks /Business/ CryptoStocks TechSector Markets WallStreetRally SantaClausRally AIAdvancements MegacapStocks

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-25 @ 06:22:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 651 words

Reading Time: 4 minutes read

Sentences: 28 lines

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Copyright Owner: © The Star

News ID: 24651772

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