Indices Climb in Shortened Christmas Eve Session - InvestingChannel

Indices Climb in Shortened Christmas Eve Session

Stocks rose Tuesday on Christmas Eve as the market sought to squeeze out back-to-back gains in the holiday week.

The Dow Jones Industrials jumped 135 points to open the session at 43,041.95.

The S&P 500 index hiked 34.76 points to 6,008.83.

The NASDAQ grabbed 157.93 points, or 1%, to 19,922.82, helped by a 4% jump in Tesla shares. Amazon and Nvidia gained more than 1% each.

American Airlines shares fluctuated after the carrier briefly grounded all flights in the U.S. due to a technical issue on one of the busiest travel days of the year.

Prices for the 10-year Treasury sank a bit, lifting yields to 4.62% from Monday’s 4.59%. Treasury prices and yields move in opposite directions.

Oil prices tacked on $1.02 to $70.26 U.S. a barrel.

Prices for gold lost $1.20 an ounce to $2,627.00 U.S.

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