The Dow Jones Industrial Average plunged more than 650, or 1.52%, to 42,340.69, shortly after the opening bell ... a phenomenon dubbed the Santa Claus rally. The S&P 500 has gained 1.3% on ...
The Dow halved its losses by the afternoon Trader hoping for a Santa Claus rally on Wall Street found no joy Monday. AP Growth stocks such as Tesla and Meta dropped 3.1% and 2.2%, respectively.