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US stocks rise in thin trading ahead of Xmas,chip stocks lead the charge
Wednesday, 25 December 2024 00:59 WIB | MARKET UPDATE |Amerika

US stock indices opened marginally higher Tuesday in thin trading ahead of the Christmas holiday, stabilizing after gains from the world's largest technology stocks.

S&P 500 and Nasdaq 100 were up about 0.2%, while Dow Jones Industrial Average were slightly down at 0.03%.

American Airlines Group shares dropped about 1.4% on Tuesday as the airline briefly grounded all flights in the U.S. due to a "technical issue." The ground stop was later lifted.

The New York Stock Exchange is set to close early Tuesday for Christmas Eve, and the market is shut on Christmas Day.

Wall Street indexes opened higher at the start of the week led by a surge in semiconductor stocks that gave tech a strong start to the holiday-shortened week.

On Tuesday, the S&P 500 gained 0.4%, the Dow Jones Industrial Average fell 0.03% and the NASDAQ Composite climbed 0.6%, with the tech megacaps, Nvidia Meta Platforms and Tesla all rising substantially.(Cay) Newsmaker23

Source: Investing.com

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