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US stocks slip on 2024's final trading day, after a robust year

The Straits Times

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January 02, 2025

Wall Street stocks slipped on Dec 31 to end 2024 on a gloomy note, but investors capped a strong overall year that was boosted by tech stocks, interest rate cuts and a robust US economy.

Wall Street stocks slipped on Dec 31 to end 2024 on a gloomy note, but investors capped a strong overall year that was boosted by tech stocks, interest rate cuts and a robust US economy.

The Dow Jones Industrial Average lost 0.1 per cent to 42,544.22, while the broad-based S&P 500 Index declined 0.4 per cent to 5,881.63.

The tech-focused Nasdaq Composite Index fell 0.9 per cent to 19,310.79.

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