On Tuesday, just before the Christmas holiday, US stock indices managed to gain ground in a truncated session. The trading activity was affected by the upcoming holiday, with expectations of weak trading throughout the week.
Dow Jones
The Dow Jones Industrial Average saw an increase of 0.4%, which amounted to 172 points as of 15:37 GMT. This brought its value up to 43080 points.
S&P 500
The S&P 500 also experienced growth, rising by 0.6%. This translated to an addition of 39 points, taking it to 6013 points.
NASDAQ
Likewise, the NASDAQ Composite added 0.9%, equivalent to 173 points, reaching 19938 points.
Holiday Impact on Trading
Wall Street closed early on Tuesday and will be shutting down completely on Wednesday for the Christmas holiday. Additionally, many stock and bond markets in Europe were also closed on Tuesday for the holidays.
In conclusion, despite the truncated session and the holiday-induced slowdown in trading, US stock indices showed positive movements on Tuesday. Market participants will be looking ahead to when trading resumes fully to see how these indices continue to perform.
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