Home Money & Business Business Performance of Key US Stock Indices on Tuesday, December 3, 2024

Performance of Key US Stock Indices on Tuesday, December 3, 2024

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U.S. stock markets continued their upward trend, achieving new record highs during a day characterized by light trading activity. On Tuesday, the S&P 500 witnessed a slight increase of 2 points, translating to less than a 0.1% rise, marking its 55th record-setting day of the year. In contrast, the Dow Jones Industrial Average experienced a downturn of 0.2%, while the Nasdaq composite rebounded by 0.4%, reaching a new high established just a day prior. Treasury yields remained mostly stable, following a report indicating that U.S. employers had slightly increased the number of job openings by the end of October compared to the previous month.

Additionally, the South Korean won faced a decline against the U.S. dollar after the nation’s president imposed martial law but later announced plans to lift it.

On Tuesday’s closing figures:

The S&P 500 climbed 2.73 points to finish at 6,049.88.

The Dow Jones Industrial Average dipped 76.47 points, settling at 44,705.53.

The Nasdaq composite increased by 76.96 points, concluding at 19,480.91.

The Russell 2000 index, which tracks smaller companies, fell by 17.79 points, ending at 2,416.35.

When looking at the data for the week so far:

The S&P 500 has gained 17.50 points, representing a 0.3% increase.

The Dow has decreased by 205.12 points, or 0.5%.

The Nasdaq has risen by 262.74 points, showing a 1.4% increase.

The Russell 2000 index has declined by 18.38 points, down 0.8%.

Year-to-date figures demonstrate robust performance:

The S&P 500 has risen by 1,280.05 points, reflecting an impressive increase of 26.8%.

The Dow has gained 7,015.99 points, or 18.6%.

The Nasdaq has surged by 4,469.56 points, marking a substantial 29.8% increase.

The Russell 2000 has also shown strong growth, up 389.27 points, which amounts to a 19.2% rise.