Stock market today: Wall Street wavers at the start of a holiday-shortened week
Stocks wavered in afternoon trading on Wall Street at the start of a holiday-shortened week
By DAMIAN J. TROISE
Published - Dec 23, 2024, 01:27 PM ET
Last Updated - Dec 23, 2024, 01:27 PM EST
NEW YORK (AP) — Stocks wavered in afternoon trading on Wall Street Monday at the start of a holiday-shortened week.
The S&P 500 rose 0.4%. A handful of technology companies helped support the gains. The Dow Jones Industrial Average slipped 63 points, or 0.2% as of 1:18 p.m. Eastern time. The tech-heavy Nasdaq composite rose 0.7%.
Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3%. Broadcom jumped 5.2% to also help support the broader market.
Japanese automakers Honda Motor and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. Honda rose 3.8% and Nissan rose 1.6% in Tokyo.