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US stocks rallied in the final trading session before Christmas, with the S&P 500 rising about 0.7%, the Nasdaq Composite up roughly 1%, and the Dow Jones Industrial Average increasing around 0.4%. Tech stocks, particularly Nvidia, led the gains, as Wall Street reassesses interest rates amid ongoing inflation concerns. Markets will close early today and remain closed for Christmas Day.
US stocks opened higher in the final trading session before the Christmas holiday, with the S&P 500 rising about 0.2% and the Nasdaq Composite up roughly 0.3%. Wall Street is reassessing interest rates as it approaches a potential soft landing for the economy, while Nvidia continues to attract attention after a significant gain. Markets will close early today at 1 p.m. ET and remain closed tomorrow for Christmas Day.
US stock futures are slightly up ahead of a shortened trading session before the Christmas holiday, with the S&P 500 rising 0.1% and Nasdaq gaining 0.2%. After recent gains, markets are reassessing interest rates as the Fed navigates inflation challenges. Nvidia continues to attract attention, having surged over 3.5% recently, with its stock up 180% this year.
Dan Howley
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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