Wall Street today: US stocks rise on final day of bullish 2024
Live MintWall Street stocks edged higher on the final trading session of 2024 on Tuesday, extending a bull run of the year fuelled by a nearly 100 basis point cut in interest rates by the US Federal Reserve and a boost from the AI revolution At 09:53 am, the Dow Jones Industrial Average rose 79.15 points, or 0.19 per cent, to 42,652.88, the S&P 500 gained 7.91 points, or 0.13 per cent, to 5,914.28 and the Nasdaq Composite gained 9.12 points, or 0.06 per cent, to 19,497.96. At the opening bell, the Dow Jones Industrial Average rose 63.0 points, or 0.15 per cent, to 42,636.7. The S&P 500 rose 12.8 points, or 0.22 per cent, to 5,919.74, while the Nasdaq Composite rose 64.6 points, or 0.33 per cent, to 19,551.358. Spot gold rose 0.1 per cent to $2,607.72 per ounce as of 1315 GMT, while US gold futures gained 0.1 per cent to $2,620.40.