Wall Street Welcomes the Last Trading Day of 2024 with Gains

As the final trading day of 2024 commenced, major stock indexes on Wall Street opened with notable gains. Investors are keenly awaiting the developments of 2025, with particular attention on the Federal Reserve's monetary policy and the second term of United States President-elect Donald Trump. Additionally, the latest US housing data has been released, adding another layer of interest to the market's dynamics.

Market Movements at a Glance

At the opening bell, the Dow Jones saw a 0.22% increase, with Amazon leading the charge with a 0.72% rise by 9:31 am ET. Not far behind, the Nasdaq 100 added 0.28%, buoyed by a significant 4.03% surge in MicroStrategy just a minute later. The S&P 500 wasn't left out, marking a 0.21% rise at the session's start, with VeriSign climbing 1.87% by 9:31 am ET.

Currency Shifts

In the currency markets, the euro experienced a slight decline against the dollar, down 0.15% at 9:29 am ET, trading at 1.03828.