U.S. stocks close mixed, with tech leading gains amid holiday-shortened week.

On Monday, U.S. stocks closed mixed, with the S&P 500 up 0.7%, the Dow Jones Industrial Average gaining 0.2%, and the Nasdaq composite rising 1%. Technology and communication stocks, including Nvidia and Broadcom, were key drivers of the gains. Honda's U.S. shares rose after discussing a potential merger with Nissan. Consumer confidence dropped in December, with the Conference Board's index falling to 104.7 from 112.8 in November. The 10-year Treasury yield rose to 4.59%. The market will close early on Tuesday for Christmas Eve and remain closed on Wednesday for Christmas.

December 23, 2024
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