Stocks edged lower on Wall Street Thursday morning after U.S. markets reopened for trading after the Christmas holiday.The S&P 500 slipped 0.1%. The benchmark index is coming off a three-day winning streak.

US stocks slumped Friday morning after a decent run across the holiday-shortened week. Investors have pared back gains after Thursday's mixed jobless claims data, which sent the 10-year Treasury yield above 4.6% and reached a seven-month high. The rate fell back modestly on Friday.

The New York Stock Exchange markets will be closed for Christmas Day, but they will be open for a shortened trading day on Christmas Eve. The markets will close at 1 p.m. Eastern time on Tuesday with volume expected to be light for the holiday week,

Stocks are drifting higher on Wall Street in light trading as U.S. markets reopen following the Christmas holiday.

Stock market holiday: Domestic stock exchanges—the BSE and the NSE—will remain closed on Wednesday, December 25, for trading activities on account of Christmas 2024. The stock market, as well as the currency derivatives, commodity derivatives, and electronic gold receipts (EGR) segments, will be closed for trading on Wednesday.

Stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. The losses were made worse by sharp declines for the Big Tech stocks known as the “Magnificent 7”, which can heavily influence the direction of the market because of their large size.

Stocks are opening lower in what should be another day of quiet trading on Wall Street. The S&P 500 is down 0.6% and the the Dow Jones Industrial Average is lower by 209 points, or 0.5%. The Nasdaq composite is down 0.

No trading or settlement activities will occur in the stocks, derivatives, or securities lending and borrowing (SLB) segments on December 25.

Technology stocks were the biggest weight on the market Friday. Semiconductor giant Nvidia slumped 2.7%. Its enormous valuation gives it an outsize influence on indexes. Other Big