U.S. stock futures are little altered Friday as the market puts the covers on a year of remarkably robust gains
ByASSOCIATED PRES Associated Press
December 29, 2023, 1: 35 AM
FILE – The New York Stock Exchange on Wednesday, June 29, 2022 in New York. (AP Photo/Julia Nikhinson, File)
The Associated Press
NEW YORK — U.S. stock futures are little altered Friday as the market puts the covers on a year of remarkably robust gains.
The standard S&P 500 index is simply 0.3% from an all-time high after a gain of 24.6% in2023 The Dow Jones Industrial Average sits at a record 37,710.10. The Nasdaq reveals a year-to-date gain of 44.2%, driven by gains in huge innovation business.
The so-called Magnificent 7 business — Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms and Tesla — accounted for about two-thirds of the gains in the S&P 500 this year, according to S&P Dow Jones Indices. Nvidia leads the group with a gain of about 240%.
Shares in European markets increased as well this year. Benchmark indexes in France and Germany made double-digit advances, while Britain’s has climbedup simply under 4%.
Asia markets had a blended session on the last trading day of the year for most markets. Tokyo’s Nikkei 225 provided up 0.2% to 33,464.17. It got 27% in 2023, its finest year in a years as the Japanese main bank inched towards ending its longstanding ultra-lax financial policy after inflation lastly exceede