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Dow Closes Down 400 Points

Moomoo News ·  Dec 30, 2024 15:04

Markets closed lower on Monday afternoon.

After a light trading day, at 4:01 p.m. ET, the $Dow Jones Industrial Average (.DJI.US)$ closed down  418 points (0.97%) to 42,473. For the day, $NVIDIA (NVDA.US)$ was the only gainer in the Dow while $Boeing (BA.US)$ led the way in losses, off almost 2%.

The $S&P 500 Index (.SPX.US)$ was down 63.93 (1.07.%) and the $Nasdaq Composite Index (.IXIC.US)$ led declines (in percentages) on Monday, closing down 235.25 (1.19%).

Tech stocks including $Arm Holdings (ARM.US)$, $Broadcom (AVGO.US)$ and $Micron Technology (MU.US)$ fell more than 1%.

Bitcoin traded above $94,000.

The stock market is open for a full trading session on Tuesday but the bond market is closing early. Both will be closed on Wednesday for New Year's Day.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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