LIVE MARKETS-Wall St celebrates the weekend by snapping a losing streak

+3.10%

+0.75%

+3.06%

+0.78%

+1.00%

NVIDIA Corporation NVDA	137.71	+3.10%
Apple Inc. AAPL	229.98	+0.75%
Tesla Motors, Inc. TSLA	426.50	+3.06%
Dow Jones Industrial Average DJI	43487.83	+0.78%
S&P 500 INDEX SPX	5996.66	+1.00%

Nasdaq gains 1.77%, S&P 500 adds 1.25%, Dow rises 0.8%

Consumer disc has biggest S&P sector gainer, materials smallest

Dollar off 0.3%, gold down 0.8%; bitcoin up >1%, crude adds 1.2%

U.S. 10-Year Treasury yield edges up to ~4.60%

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WALL ST CELEBRATES THE WEEKEND BY SNAPPING A LOSING STREAK

Wall Street's three major indexes ended Friday's session higher with the S&P 500 and Nasdaq snapping a 5 session losing streak and the Dow Industrial Average .DJI ending 4-day run of losses for the second trading day of 2025.

The S&P 500 rallied 1.26% to close at 5942.48 but fell short of the Dec. 23 5974.07 closing level, which it needed to breach to declare a Santa Claus rally.

The Santa rally - defined by the Stock Trader's Almanac as an advance over the last five trading days of the old year and the first two of the new year - is seen as bullish indicator.

Technology .SPLRCT was by far the biggest boost to the S&P 500 on Friday, led by Nvdia NVDA.O, which rose 4.5%. Chip stocks rallied broadly with the Philadelphia semiconductor index .SOX closing up 2.8%.

Consumer discretionary .SPLRCD provided the next biggest lift among the 11 indexes with its biggest support from electric vehicle maker Tesla TSLA.O, which ended up 8.2%, more than erasing its steep losses from Thursday's session.

Materials .SPLRCM was the smallest sector boost and barely squeaked a 0.03% gain.

U.S. Steel's X.N shares slid 6.5% after U.S. President Joe Biden blocked its proposed sale to Japan's Nippon Steel 5401.T for $14.9 billion, citing national security concerns.

For the holiday-shortened week - with markets closed Wednesday for New Year's Day - the S&P 500 fell 0.48% while the Nasdaq composite declined 0.51%, and the Dow fell 0.6%.

Here is your closing snapshot:

(Sinéad Carew)

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FOR FRIDAY'S EARLIER LIVE MARKETS POSTS:

S&P 500 EPS SEEN RISING IN Q4 WITH SECTORS MIXED - CLICK HERE

WHILE SANTA SEEMS LIKE A STRETCH, JANUARY STILL OFFERS HOPE - CLICK HERE

REACHING FOR RECOVERY: DECEMBER MANUFACTURING PMI - CLICK HERE

WALL STREET INDEXES START OUT STRONG - CLICK HERE

INDIVIDUAL INVESTOR BULLS FALL TO LOWEST LEVEL SINCE LATE-APRIL 2024 - AAII - CLICK HERE

REACHING EURO/DOLLAR PARITY IS GETTING LESS DIFFICULT - CLICK HERE

UBS BULLISH ON THE AI RALLY IN 2025 - CLICK HERE

2024 ALL ABOUT US EXCEPTIONALISM - BARCLAYS - CLICK HERE

CHINA-EXPOSED SECTORS WEIGH ON STOXX - CLICK HERE

EUROPE BEFORE THE BELL: STOCKS HEAD FOR DROPS, CHINA IN FOCUS - CLICK HERE

AS STOCKS WAVER, DOLLAR REMAINS THE SUREST BET - CLICK HERE

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