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S&P 500 Closer to Record Highs

S&P 500 Closer to Record Highs

US stock markets rallied on December 26 with the S&P 500 nearing a record high. Retail sales showed continued consumer spending, suggesting a continuation of the "Santa Claus rally". However, analysts remain divided on whether the rally will continue in 2024.

Tech Giants Take US Indices Higher

Tech Giants Take US Indices Higher

US indices got a boost on Tuesday as falling oil prices and yields eased investor concerns, leading to a rally supported by upbeat earnings. Tech giants like Amazon, Microsoft, and Apple drove gains despite hawkish comments from some Fed officials creating uncertainty.

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