Markets Wrap: Dow Drops 400 Points as Wall Street Ends Year in Decline
U.S. stocks declined on Monday in one of the final trading sessions of 2024, as a banner year for investors appears to be ending on a sour note.
U.S. stocks declined on Monday in one of the final trading sessions of 2024, as a banner year for investors appears to be ending on a sour note.
The Dow Jones Industrial Average narrowly ended its longest losing streak since 1974, closing with a modest gain of 15.37 points (0.04%) at 42,342.24.
The Dow Jones Industrial Average extended its historic losing streak, marking a 10th consecutive day of declines, its longest since 1974.
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On Tuesday, the Dow Jones Industrial Average recorded its longest losing streak since 1978, declining for the ninth consecutive session.
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U.S. stocks moved higher on Monday, driven by optimism surrounding the Federal Reserve's upcoming policy decision.
Stocks fell Thursday, weighed down by hotter-than-expected U.S. inflation data and a pullback in technology shares.
Investors' enthusiasm for US technology giants sent stocks higher Wednesday, snapping a two-day slide after a benign inflation report cemented expectations that the Federal Reserve will continue to cut interest rates.