US close: Stocks stumble into year-end

Stocks on Wall Street ended lower on the last trading session of 2024, for a fourth day in a row.

Manhattan

Source: Sharecast

Despite the end of year stumble, the S&P 500 finished the year with a of 23%, whilst the advance over the preceding two years had been the biggest since 1997-98, in the years ahead of the dotcom bubble, according to Dow Jones Data Group.

The Dow Jones Industrials drifted lower by 0.07% to 42,544.22, alongside a 0.43% decline out on the S&P 500 to 5,881.63, whilst the Nasdaq Composite ended down by 0.90% at 19,310.79.

"Here we are, the last day and the last trading day of the year. It’s now been about two years that ChatGPT was launched and it’s been two years that the AI buzz pushed some US Big Tech companies to [...] the sky, really," said Ipek Ozkardeskaya, senior analyst at Swissquote Bank.

"Nvidia, which has become the icon of the AI rally, gained almost 1000% since then, the Magnificent 7 nearly 100% since last November [...]."

On the economic side of things, the Federal Housing Finance Agency, in seasonally adjusted terms house prices rose in October at a 0.4% month-on-month (consensus: 0.5%) clip.

Prices were ahead by 4.5% in annual terms.

Separately, S&P Case Shiller reported that the year-on-year increase in home prices slowed from the 4.6% clip observed in September to 4.2% (consensus: 4.1%) in October.

Dow Jones - Risers

Dow Chemical Co. (DOW) $40.13 1.75%
Nike Inc. (NKE) $75.65 1.37%
Chevron Corp. (CVX) $144.86 1.24%
Intel Corp. (INTC) $20.05 1.16%
Merck & Co. Inc. (MRK) $99.40 1.13%
Verizon Communications Inc. (VZ) $39.99 0.98%
Johnson & Johnson (JNJ) $144.56 0.89%
Walgreens Boots Alliance, Inc. (WBA) $9.33 0.76%
Amgen Inc. (AMGN) $260.64 0.52%
Walt Disney Co. (DIS) $111.41 0.50%

Dow Jones - Fallers

Microsoft Corp. (MSFT) $421.50 -0.78%
Apple Inc. (AAPL) $250.42 -0.71%
Salesforce.Com Inc. (CRM) $334.28 -0.42%
Unitedhealth Group Inc. (UNH) $506.15 -0.38%
Walmart Inc. (WMT) $90.35 -0.24%
International Business Machines Corporation (CDI) (IBM) $219.83 -0.19%
American Express Co. (AXP) $296.79 -0.18%
Goldman Sachs Group Inc. (GS) $572.42 -0.16%
Home Depot Inc. (HD) $388.99 -0.11%
Caterpillar Inc. (CAT) $362.55 -0.07%

S&P 500 - Risers

Apartment Investment & Management Co. (AIV) $9.08 8.34%
Apache Corp. (APA) $23.09 2.99%
Marathon Petroleum Corporation (MPC) $139.43 2.88%
Lamb Weston Holdings, Inc. (LW) $66.92 2.86%
Advance Auto Parts (AAP) $47.17 2.69%
Valero Energy Corp. (VLO) $122.61 2.51%
Sl Green Realty Corp. (SLG) $67.96 2.49%
HF Sinclair Corporation (DINO) $35.00 2.43%
Mosaic Company (MOS) $24.57 2.42%
Devon Energy Corp. (DVN) $32.72 2.38%

S&P 500 - Fallers

Nvidia Corp. (NVDA) $134.29 -2.33%
NRG Energy Inc. (NRG) $90.15 -2.09%
CenturyLink Inc. (LUMN) $5.32 -1.67%
Broadcom Inc. (AVGO) $231.84 -1.59%
Nektar Therapeutics (NKTR) $0.93 -1.48%
Micron Technology Inc. (MU) $84.16 -1.35%
Advanced Micro Devices Inc. (AMD) $120.79 -1.35%
Copart Inc. (CPRT) $57.39 -1.27%
Alphabet Inc. Class C (GOOG) $190.44 -1.17%
United Airlines Holdings Inc (UAL) $97.10 -1.13%

Nasdaq 100 - Risers

Liberty Global plc Series A (LBTYA) $12.76 1.84%
Biogen Inc (BIIB) $152.92 1.82%
DENTSPLY Sirona Inc. (XRAY) $18.98 1.77%
Regeneron Pharmaceuticals Inc. (REGN) $712.33 1.39%
JD.com, Inc. (JD) $34.67 1.20%
Intel Corp. (INTC) $20.05 1.16%
Kraft Heinz Co. (KHC) $30.71 1.15%
Liberty Global plc Series C (LBTYK) $13.14 1.00%
Incyte Corp. (INCY) $69.07 0.95%
Align Technology Inc. (ALGN) $208.51 0.93%

Nasdaq 100 - Fallers

Tesla Inc (TSLA) $403.84 -3.25%
Nvidia Corp. (NVDA) $134.29 -2.33%
Broadcom Inc. (AVGO) $231.84 -1.59%
Workday, Inc. (WDAY) $258.03 -1.52%
Micron Technology Inc. (MU) $84.16 -1.35%
Mercadolibre Inc. (MELI) $1,700.44 -1.24%
Alphabet Inc. Class C (GOOG) $190.44 -1.17%
American Airlines Group (AAL) $17.43 -1.08%
Alphabet Inc. Class A (GOOGL) $189.30 -1.01%
Netflix Inc. (NFLX) $891.32 -1.01%

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Lloyds Bank is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.

Important legal information

Lloyds and Lloyds Bank are trading names of Halifax Share Dealing Limited. The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Logo Allfunds

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

FE fundinfo Logo

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

Refinitiv Logo

© 2025 Refinitiv, an LSEG business. All rights reserved.