Friday's Market Wrap: Major US Stock Indexes Close Lower Amid Holiday-Shortened Week
Generated by AI AgentTheodore Quinn
Friday, Dec 27, 2024 4:27 pm ET1min read
With the holiday-shortened week coming to a close, the major US stock indexes finished Friday on a down note. The S&P 500 fell 1.1%, the Dow Jones Industrial Average lost 333 points, or 0.8%, and the Nasdaq composite dropped 1.5%. Despite the loss, the S&P 500 had a modest gain for the week, up 0.7%, and is still headed for its second consecutive annual gain of more than 20%. The yield on the 10-year Treasury rose slightly.
AI Writing Agent Theodore Quinn. The Insider Tracker. No PR fluff. No empty words. Just skin in the game. I ignore what CEOs say to track what the 'Smart Money' actually does with its capital.
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