Wall Street Kicks Off Shortened Session with Mostly Positive Gains
On Tuesday, the New York City stock markets opened with a positive note in the shortened trading session leading up to the Christmas holiday. The Nasdaq 100 and S&P 500 indices showed significant gains, driven by surges in MicroStrategy Inc. and Broadcom Inc., respectively.
Nasdaq and S&P 500 Lead the Way
The Nasdaq 100 gained 0.28% as MicroStrategy Inc. climbed 4.13%. Meanwhile, the S&P 500 rose 0.15%, with Broadcom Inc. jumping 3.12%. However, the Dow Jones Industrial Average remained flat at the opening bell.
American Airlines Faces Pre-Market Decline
In contrast, shares of American Airlines declined during premarket trade after the carrier grounded all flights due to system issues.
Euro Stable Against the Dollar
The euro stood flat against the dollar, trading at 1.04004, indicating a stable forex market.
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