Wall Street rally hits year-end snag

Wall Street rally hits year-end snag as Dow drops by nearly 500 points
Wall Street limped to a downbeat end of the trading week on Friday as a sell-off in Big Tech stocks dragged the Dow Jones Industrial Index down by more than 500 points at one point during the session.
Big Tech Leads Wall Street Rally Ahead of Christmas
This seasonal rally, often referred to as the "Santa rally," has historically delivered average gains of 1.3 percent over final days of trading.
Dow tumbles 500 points as Wall Street sells off Big Tech
The Dow was lower by around 450 points, or 1%, in early-afternoon trading, the S&P 500 lost 1.4% and the Nasdaq Composite was down by 1.9% after a selloff in Big Tech stocks. Shares of Tesla (TSLA) fell by around 4.
Wall Street slips as the 'Mag 7' weighs down the market
Despite Friday's drop, the market is moving closer to another standout annual finish. The S&P 500 is on track for a gain of around 25 percent in 2024. That would mark a second consecutive yearly gain of more than 20 percent, the first time that has happened since 1997-98.
Stock market today: Wall Street holds near breakeven ahead of Christmas
Stock indexes are edging higher in morning trading on Wall Street as gains for some Big Tech stocks make up for weakness elsewhere in the market
Markets stumble as Wall Street sells off Big Tech
The “Magnificent Seven” group of high-performing tech stocks — Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla — has accounted for more than half of the gains so far this year as they benefit from intense investor focus on ways to play the artificial intelligence boom,
Stock market today: Wall Street slips as the 'Magnificent 7' weighs down the market
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Why the Stock Market Is Selling Off
With much of Wall Street out for the holidays, the stock market was getting hammered by weak trading volume. The Dow was down 423 points, or 1%, with only a couple of hours left in the week's final ...
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