US Stock Market Today: Wall Street Little Changed In Post-Christmas Session

The main US stock market indices opened little changed on Friday, carrying forward the highs of previous sessions, as investor sentiment remained upbeat over positive economic data and corporate earnings.

US Stock Market Indices

The wider index, S&P 500 opened 0.06% or 3.97 points higher at 6,936.02, tech-heavy Nasdaq Composite opened 0.14% or 32.6 points higher at 23,645.91, while Dow Jones Industrial Average opened 0.04% or 18.53 points lower at 48,712.47.

Performance of Top Stocks

Of the magnificent seven stock, bellwether company Nvidia Corp. was up 1.13% to $190.80, Apple Inc. was up 0.26% at $274.47, Google-parent Alphabet Inc. was down 0.35% at $313.07, Tesla Inc. fell 1.40% to $478.86 and Meta Platforms was down 0.20% at $666.08.

Amazon Inc. traded little 0.08% lower at $232.21 and Microsoft Corp. traded 0.28% lower at $486.63.

Sectoral Indices

After the US markets opened, only two out of the 11 sectoral indices edged in the green and nine were in the red. Gains were led by Materials and Information Technology sectors, whereas the Consumer Discretionary sector and Industrials led the decline.

Commodity Prices

Spot gold prices ticked 1.14% higher to trade at $4,532 an ounce, whereas the crude basket dipped with West Texas Intermediate trading 1.03% lower at $57.75 a barrel and Brent Crude trading 1.12% lower at $61.53.

Currency Movement

The Bloomberg Dollar Spot Index was little changed. The euro was also unchanged at $1.1784. Similarly, the British pound was little changed at $1.3516, but the Japanese yen fell 0.4% to 156.45 per dollar

Cryptocurrency Movement

Bitcoin, the largest traded cryptocurrency, fell 0.6% to $87,349.01

For Indian investors looking to invest in the US stock market, it’s essential to stay updated on the latest market trends and news. You can learn more about investing in the US stock market and how to make informed investment decisions.

Additionally, you can also learn about the impact of the US stock market on the Indian economy and how it can affect your investment portfolio.

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