(Bloomberg) -- US stocks declined in the final session of the year but still closed out the best two-year run since 1998.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesMake a Transit-Oriented New Year’s ResolutionThe S&P 500 Index fell 0.4% in its fourth down day, the longest losing streak to end a year since 1966. The Nasdaq 100 declined 0.9% and the Dow Jones Industrial Average fell 0.1%. The Russell 2000 Inde
Wall Street ends lower, capping a banner year
NEW YORK (Reuters) -Wall Street lost ground on Tuesday as investors closed the book on a remarkable year for equities, during which the U.S. stock market was powered to record highs by the twin engines of the artificial-intelligence boom and the U.S. Federal Reserve's first interest rate cuts in three-and-a-half years. 2024 included intensifying geopolitical strife, a U.S. presidential election and shifting speculation regarding the path of Fed policy in the coming year. "There’s no Santa Claus rally this week, but investors received the gift of gains in 2024," said Greg Bassuk, chief executive officer at AXS Investments in New York.
Here's where Wall Street sees stocks heading after the best 2-year stretch since '97-'98
Wall Street strategists see further gains for the S&P 500 in 2025 as a broadening of earnings growth and a resilient US economy continue to drive the bull market rally.
Stock market today: Stocks slide as Wall Street's year of 20% gains ends on a quiet note
US stocks slipped Tuesday, continuing an uncharacteristic limp to the finish after a roaring year of trading.
US stock markets to remain closed in honor of Jimmy Carter on National Day of Mourning
U.S. stock markets will remain closed on Jan. 9 in honor of former President Jimmy Carter, continuing a long-held Wall Street tradition in mourning the nation’s leaders. Both the New York Stock Exchange and Nasdaq announced this week that they plan to close their equity and options markets next Thursday in observance of a National Day of Mourning for the 39th U.S. president and global humanitarian. Carter died on Sunday at his home in Plains, Georgia.
Crypto VC funding to exceed $18 billion in 2025, expert says
After a modest year of crypto investment, venture capital is returning to the sector.
Oil Rises to End 2024 Little Changed as Traders Brace for Glut
(Bloomberg) -- Oil rose in thin holiday trading to close out a flat performance in 2024 as the market braces for a global surplus next year.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusWest Texas Intermediate rose 1% to settle at $71.72 a barrel, notching a 7-cent gain in 2024. Brent advanced 0.3% to settle at $74.64, down 3.1% for the year. Crude a