The US financial markets will be closed on Wednesday, December 25, and early on Tuesday, December 24, in observance of the Christmas holiday. Both the Nasdaq Stock Exchange and the New York Stock Exchange (NYSE) will be closed on December 25th, per the Securities Industry and Financial Markets Association (SIFMA) and the official Nasdaq holiday list.
On December 24, the financial markets are scheduled to open for half a day and conclude early at 1 p.m. Eastern Standard Time (EST). In preparation for Christmas, the US bond market will likewise be closed on Wednesday and close early on December 24 at 2:00 p.m. (EST). Wall Street, which closed early before Christmas, will resume its regular operations until January’s New Year holiday.
Due to the New Year 2025, the next Wall Street holiday is set for Wednesday, January 1. Additionally, before the New Year break, markets are expected to close earlier.
US stock market update
On Friday, the US stock market joined a global market rise. Following the Thanksgiving break, the stock market indices saw rises as a result of the post-election growth expectations.
Dow Jones Industrial Average
On Friday, the Dow Jones Industrial Average closed at 44,910.65 points, up 0.42 per cent from its previous closing close of 44,722.06 points. Nvidia Corp., Boeing Co., Honeywell International Inc., Amazon.com, and Apple Inc. were the index’s top movers in the green.
According to data gathered from Marketwatch.com, Merck & Co. Inc., Johnson & Johnson, and Travelers Cos. Inc. were among the biggest losers on Friday, ending lower than their closing value.
S&P 500 indexÂ
The S&P 500 index closed Friday at 6,032.38 points, up 0.5per centnt from the previous session closing of 5,998.74 points. Among the day’s biggest gainers were Tesla Inc., First Solar Inc., Vistra Corp., Ralph Lauren Corp., and Lam Research Corp.
According to Marketwatch statistics, Super Micro Computers Inc., VeriSign Inc., Texas Pacific Land Corp., and Estee Lauder Cos. were among the leading laggards on Friday.
Nasdaq Composite
On Friday, the Nasdaq Composite closed at 19,218.17 points, up 0.83 per cent from its previous closing of 19,060.48 points. Among the day’s biggest gainers were Thunder Power Holdings Inc., ParaZero Technologies Ltd., Bolt Projects Holdings Inc., and Passage Bio Inc.
According to Marketwatch statistics, the top losers for Friday’s trading session included Applied Therapeutics Inc., Treasure Global Inc., Procaps Group SA, Mondee Holdings Inc., and Aptevo Therapeutics Inc.
