US Market - Overview as of 26.12.2024

Financial and commodity markets analytics


Unlike the currency market, the US stock market sector looks more active today. The main Wall Street indices ended Tuesday's trading with growth thanks to the strengthening of large companies' shares. Both the Dow Jones Industrial Average and the Nasdaq Composite ended their fourth consecutive session with growth, while the S&P 500 extended its winning streak to three sessions, which was the beginning of the traditional "Christmas rally". Nevertheless, technically, a slowdown in growth can be expected. In particular, the broad market index S&P 500 may face seller activity in the 6110-6160 range.