Forget the Santa Claus Rally -- Artificial Intelligence Stocks Like Broadcom, Amazon, and Rivian Dragged the Stock Market Down Today
Shares of artificial intelligence chipmaker Broadcom ( AVGO -1.63%) and e-commerce giant Amazon ( AMZN -1.57%) traded close to 2% lower as of 2:26 p.m. ET today. Shares of electric carmaker Rivian ( RIVN -2.88%) were down close to 3%.
Dow ends higher for fifth straight daily gain as stocks attempt to score Santa rally
The Santa Claus rally refers to a seasonal tendency for the S&P 500 to rise over the last five days trading days of a calendar year and the first two of the new year. U.S. stocks pared early losses on Thursday, with the Dow wavering in and out of positive territory in recent trade.
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Tech slump slays Santa rally, weak yen lifts Japan stocks higherHopes for a Santa Claus rally on Wall Street fell Friday as tech stocks slid lower, while a weaker yen lifted Japanese ...
In midday trading, the Dow Jones Industrial Average plunged 528 points, or 1.2%, to 42,796. The S&P 500 lost 1.7%, and the ...
U.S. equity futures moved lower in early Thursday trading, while Treasury bond yields remained elevated in the wake of the ...
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3 Fantastic Stocks That Could Enjoy a Santa Claus RallySanta Claus rally or not, the company is worth investing in for the ... Santa could easily bring a rally for this ...
Big Tech stocks were among the biggest weights on the market. Semiconductor giant Nvidia, whose enormous valuation gives it ...
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