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Your daily horoscope: December 30, 2024

  HOROSCOPE IF TODAY IS YOUR BIRTHDAY You don’t need to make any big resolutions on your birthday. With a new moon to inspire you the right opportunities will arrive at just the right time and you will know without a shadow of a doubt what must be done – and you will do it magnificently! ARIES (March 21 - April 20): If you make yourself useful to someone in a position of authority now they will find ways to repay you early in the new year. That may sound a bit mercenary but in this dog eat dog world who you know is as important as what you know. TAURUS (April 21 - May 21): If you want to do something out of the ordinary today, something you know is likely to shock friends and family members, then go for it 100 per cent. It’s a good way to end the old year and an even better way to start the new one. GEMINI (May 22 - June 21): It’s time to look ahead and start thinking about your long-term aims and ambitions. That applies as much to personal matters as it does to your career. Y...
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S&P 500 Surges to Record High, Dow Soars Over 475 Points

 

After several days of red closings, US stocks rebounded today, with the S&P 500 reaching a fresh record and the Dow Jones Industrial Average surging more than 475 points. Here are the key highlights:

  1. S&P 500 Hits New High: The S&P 500 (symbol: ^GSPC) closed at an all-time high of 5,248.50, marking a remarkable 0.8% increase. This benchmark index has set a new record closing high over 20 times this year, signaling its resilience and potential for further gains.

  2. Dow Jones Rises: The blue-chip Dow Jones Industrial Average (symbol: ^DJI) rose approximately 1.2%, reaching 37,863.80. Investors welcomed this surge after a three-day losing streak for the S&P 500.

  3. Nasdaq Composite Gains: The tech-heavy Nasdaq Composite (symbol: ^IXIC) also participated in the rally, gaining 0.5%.

  4. Monthly Momentum: The S&P 500 is on track for its fifth-straight monthly gain, suggesting a positive outlook for the market. Investors eagerly await the release of the Personal Consumption Expenditures (PCE) price index, which includes the Federal Reserve’s preferred inflation measure.

  5. Meme Stocks Return: Reddit-fueled stocks are back in focus. Reddit (symbol: RDDT) experienced a surge, while Trump Media and Technology (symbol: DJT), founded by presumptive Republican presidential nominee Donald Trump, gained momentum. However, GameStop (symbol: GME), an OG meme stock, faced a 15% plunge due to an “unsustainable” sales decline and job cuts.

  6. Sector Performance: Utilities (symbol: XLU) and Real Estate (symbol: XLRE) led the trade, rising more than 2% each. The Russell 2000 Index (symbol: ^RUT) also outperformed, rising over 1.7%.

  7. Notable Tickers: Carnival Corporation (symbol: CCL) reported booking volumes, while Merck (symbol: MRK) gained after FDA approval for a drug treating a rare lung condition. Robinhood (symbol: HOOD) announced the launch of its first credit card.

As the stock market continues its dynamic journey, investors remain vigilant, balancing optimism with caution. The world watches as indices break records, hoping for stability and prosperity in these uncertain times.


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