Major Stock Indexes Decline, Led by Tech, Autos, Casinos
The Wall Street Journal|January 03, 2025
Markets picked up in 2025 right where they left off late last year.
CAITLIN MCCABE AND DAVID UBERTI
Major Stock Indexes Decline, Led by Tech, Autos, Casinos

U.S. stock indexes veered slightly into the red on Thursday, with losses spanning big technology firms, carmakers and casino operators.

Three of the Magnificent Seven stocks logged declines on Thursday. Bond yields wobbled.

The choppy session extended the dour end of 2024, when the S&P 500 fell for four straight days and took a bit of the sheen off stocks' best two-year stretch in a quarter-century.

Most analysts remain optimistic for the months ahead, even if they don't expect a repeat of recent years' gangbusters returns.

All three major stock indexes closed in the red.

This story is from the January 03, 2025 edition of The Wall Street Journal.

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This story is from the January 03, 2025 edition of The Wall Street Journal.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.