Dismal December Continues But Markets Head for Strong Yearly Gains

Dismal December Continues But Markets Head for Strong Yearly Gains

U.S. stocks looked set to edge up in the final trading session of 2024, as investors shrugged off lingering worries about elevated interest rates and President-elect Donald Trump’s economic policies.

Dow Jones Industrial Average futures were up 79 points, or 0.2%, on Tuesday. Futures tracking the benchmark S&P 500 climbed 0.3% and contracts tied to the tech-heavy Nasdaq 100 also rose 0.3%.

All three indexes are on track for strong yearly gains–the Dow has added just under 5,000 points since Jan. 1, while the S&P 500 and Nasdaq 100 are both up about 25%.

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