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U.S. stocks rise in shortened Christmas Eve session

NEW YORK
2020-12-25 02:57

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NEW YORK, Dec. 24 (Xinhua) -- U.S. stocks eked out modest gains in holiday-abbreviated trading on Thursday.

The Dow Jones Industrial Average rose 70.04 points, or 0.23 percent, to 30,199.87. The S&P 500 was up 13.05 points, or 0.35 percent, to 3,703.06. The Nasdaq Composite Index climbed 33.62 points, or 0.26 percent, to 12,804.73.

Ten of the 11 primary S&P 500 sectors finished in green, with real estate and technology up 0.84 percent and 0.75 percent, respectively, outpacing the rest. Energy slipped 0.63 percent, the lone declining group.

U.S.-listed Chinese companies traded roughly flat with five of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.

Trading volume was relatively thin as Wall Street is bracing for Christmas.

Investors continued to look for clues regarding U.S. fiscal stimulus as President Donald Trump on Tuesday lashed out at lawmakers over the newly approved 900-billion-U.S.-dollar COVID-19 relief package, threatening not to sign the bill if changes are not made to increase the amount of stimulus checks.

The market closed at 1 p.m. local time (1800 GMT) on Thursday, three hours earlier than usual, and will be closed on Friday in observance of Christmas.
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