Biggest Upward Trend on the US Stock Market

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Biggest Upward Trend on the US Stock Market
Photo: Mark Lennihan/AP-TT

The tone on the US stock market was mainly positive on the first trading day of the year.

The broad S&P 500 index rose 0.2 percent and the Dow Jones Industrial Average rose 0.7 percent, while the tech-heavy Nasdaq Composite index closed unchanged.

The market was held up largely by shares of chip giant Nvidia, which rose 1.3 percent.

Tesla fell after the electric car manufacturer reported a sharp decrease in the number of cars delivered during the last quarter of last year - 16 percent fewer than in the corresponding period of 2024. The stock lost 2.6 percent.

The price of crude oil fell slightly. U.S. WTI crude fell 0.3 percent to just over $57 per barrel.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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