
Wall Street's major indexes closed largely unchanged on December 26, following a holiday pause, as rising U.S. Treasury yields exerted pressure on some of the dominant technology megacap stocks. The Dow Jones Industrial Average edged up by less than 0.1%, marking its fifth consecutive session of gains, while the S&P 500 and the Nasdaq Composite each fell by less than 0.1%. Trading volumes were lower than usual due to the post-Christmas period. The increase in Treasury yields, with the 10-year Treasury note reaching as high as 4.64% earlier in the session before settling at 4.58%, contributed to the pressure on tech stocks. Notable declines were seen in companies like Tesla, Amazon, and Meta, whereas Apple saw a slight increase, continuing its trajectory toward a $4 trillion market valuation.
In Today's Daily Rip... Market Has A Holiday Hangover It was a tired day on Wall Street, with volumes low as many market participants catch up on rest before we head into a busy 2025. Although the major indexes offered little excitement, small-cap stocks were all the rage today… https://t.co/aJPmEHqwz0 https://t.co/3vwqtRuRbJ
Wall Street's main indexes closed largely flat, as rising US Treasury yields weighed on some of the dominant technology megacaps https://t.co/CDzi47IXBM https://t.co/1PgN5Pwigy
#USMarket remains choppy on #BoxingDay amidst lower volumes, profit booking in big tech https://t.co/RVRwqjpOxm
