On Monday, The Conference Board's confidence indicator for December was presented. It shows that American consumers' confidence in the economy is declining for the first time in three months, partly due to uncertainty surrounding the incoming President Donald Trump's economic policy.
At the same time, the order intake for durable goods – such as cars, machines, and refrigerators – fell by 1.1 percent in November compared to the previous month.
The Dow Jones industrial index rose 0.2 percent, the broad S&P 500 index went up 0.7 percent, while the technology-heavy Nasdaq composite index rose 1.0 percent.
Several heavy technology companies served as locomotives. Chip manufacturer Nvidia performed best, up 3.7 percent. Facebook owner Meta rose 2.5 percent, electric car manufacturer Tesla increased 2.3 percent, and Google's parent company Alphabet finished with a plus 1.7 percent.
The stock exchange week in the USA is shortened due to the Christmas holiday. Wall Street closes at 19 Swedish time on Christmas Eve and remains closed on Christmas Day.
