Dow Logs 5th-Straight Win; Nasdaq Holds 20,000

The Dow was down triple digits at its session lows

Patrick Martin

Managing Editor

Dec 26, 2024 at 4:24 PM

A Santa Claus rally is still in play, albeit barely. Amid lighter volume, the Dow pared a triple-digit loss at its session lows, capturing a fifth-straight win. While the S&P 500 and Nasdaq also fought their way back into positive territory, both finished marginally in the red, though the tech-heavy latter managed to hold the psychologically-significant 20,000 level.

Continue reading for more on today's market, including:

Is there any hope for this pharmacy stock?
Crypto stocks took a hit today.
Plus, UBER cools off; Delta earnings loom for 2025; and prepping for the New Year.

closing summary dec26

nyse nasdaq dec26

5 Things to Know Today

Holiday spending continues to rise year-over-year. (MarketWatch)
No, China is not interfering with the Panama Canal. (Bloomberg)
Uber suffers a buyout setback.
Delta stock looking to buck post-earnings trend.
Real estate data defines first week of 2025.

There were no earnings of note today.

Gold Lifted by Low-Volume Session

The increased prospects of China stimulus measures sent oil prices higher today. February-dated West Texas Intermediate (WTI) crude added 48 cents, or 0.7%, to settle $69.62 per barrel.

Light trading volumes and safe-haven demand boosted bullion today. Gold for January delivered added 0.7% to settle around $2,64.60 an ounce.

Getting Started With Options:
OPTIONS BASICS

Are you ready to start learning about options, and how to use them for faster profits? Our FREE GUIDE breaks down basic options trading concepts and vocabulary, how options derive their value, advantages and disadvantages, trading mechanics, and more!

Follow @Schaeffers

You Don’t Need 25 Alerts -- You Need ONE You Can Trust!

That’s the idea behind Trade of the Week, Schaeffer’s newest trade alert.

Every Monday morning before the opening bell, you’ll receive a single, expertly researched trade recommendation -- built from the same proprietary research we’ve been using for over four decades.

It’s not just a signal.

It’s a plan designed for traders who are tired of jumping from alert to alert without ever finding their edge.

No juggling alerts. No switching directions mid-week. Just one clear, expertly researched trade idea -- delivered before the market even opens.

👉 JOIN RIGHT NOW FOR JUST $1 TO GET THE NEXT TRADE!