NEW YORK (awp international) – On the last trading day of the current year, the US stock markets didn’t move much. As on Christmas Eve, important European stock exchanges are also closed on New Year’s Eve. The volume of trade in New York is correspondingly low.
The Dow Jones advanced 0.03 percent to 30,418.54 points in early trading. Over the year, however, the index is likely to increase by more than 6 percent. The S&P 500, which tracks the broad US stock market, gained 0.06 percent to 3734.19 points on Thursday. For the technology-heavy Nasdaq 100 it went up by 0.06 percent to 12,852.56 points.
Market-moving news from the business and corporate world was again in short supply. The decline in the number of weekly initial jobless claims surprised the experts positively, but did not result in a noticeable reaction on the stock market.
The best sector in the S&P 500 was communications stocks (+ 0.65%), with energy stocks at the lower end (-0.67%). The chip giant Intel was at the top of the Dow with a plus of 0.70 percent, while the oil company Chevron was in last place with minus 0.7 percent./he/jsl
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