The holiday-week rally is set to take a breather. There's also a new Street high for Apple.
Our top 10 things to watch Thursday, Dec. 26 — This newsletter was written by the Investing Club's portfolio analyst Zev Fima. 1. Wall Street's holiday week rally is taking a breather Thursday. The Dow , S & P 500 and tech-heavy Nasdaq were all on pace to open the session lower after healthy gains on Monday and Tuesday. The market was closed Wednesday for Christmas.
Apple's Series 16 iPhones are seen on display at the Apple Store, Regent Street on September 20, 2024 in London, England.Nasdaq were all on pace to open the session lower after healthy gains on Monday and Tuesday. The market was closed Wednesday for Christmas. As a reminder, trading volumes are likely to be low the next two days, so be careful and don't chase big moves higher.Initial jobless claims totaled 219,000 in the week ended Dec. 21, the Labor Department said Thursday. That's below the Dow Jones consensus estimate of 224,000. It also is down 1,000 from the prior report.
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