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US Stocks Rise at Start of Holiday Week
The S&P 500 gained 0.4%, led by tech and bank stocks, while gold and silver hit records amid oil price jumps after a sanctioned tanker pursuit.
- On Monday, U.S. stocks rose in morning trading as the S&P 500 gained 0.4%, the Nasdaq climbed 0.6%, and the Dow rose 130 points, or 0.3%.
- Broad buying by technology companies and banks led the advance, with artificial-intelligence-focused tech firms driving recent market swings.
- JPMorgan Chase and Nvidia moved higher with gains of 1% and 1.2%, while Uber rose 3.3% and Lyft rose 5% after announcing robotaxi plans for London next year.
- With a holiday-shortened schedule, the calendar tightens as U.S. markets close early Wednesday for Christmas Eve and Thursday for Christmas, compressing trading around Tuesday's GDP estimate and Wednesday's jobless claims.
- Global markets showed mixed performance with Asia up and Europe down as gold and silver touched records and crude oil rose 2.4% after the U.S. Coast Guard pursued a sanctioned tanker in the Caribbean.
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The Columbian+61 Reposted by 61 other sources
US stocks rise at the start of a holiday-shortened week
NEW YORK (AP) — Stocks rose on Wall Street Monday to open what’s expected to be a relatively calm holiday week. Read more...
·Vancouver, United States
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U.S. stocks rise at the start of a holiday-shortened week, gold and silver touched records
Stocks are rising modestly on Wall Street at the start of what’s expected to be a quiet holiday week. The S&P 500 rose 0.4 percent in early trading Monday. Gold and silver touched records and oil prices jumped after the U.S. Coast Guard said it was pursuing another sanctioned oil tanker in the Caribbean.
·Saint Paul, United States
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Coverage Details
Total News Sources70
Leaning Left26Leaning Right4Center26Last UpdatedBias Distribution47% Left, 46% Center
Bias Distribution
- 47% of the sources lean Left, 46% of the sources are Center
47% Left
L 47%
C 46%
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