Friday, December 12, 2025 | 09:49 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Dow Jones eyes record highs in thin holiday trade; retailers jump

The S&P 500 dipped on Tuesday in the lowest trading volume session of 2021, snapping a four-day winning streak

Wall Street, US stocks, S&P, Dow Jones
premium

Typically, the final five trading days of the year and the first two of the subsequent year are seasonally strong for US stocks

Medha Singh and Anisha Sircar | Reuters
The Dow inched towards an all-time high on Wednesday, on a boost from retailers Home Depot and Nike, while record daily US Covid-19 infections kept gains in check amid low liquidity in the final week of the year.

Home Depot and Nike Inc advanced 1% and 2%, respectively, against the backdrop of recent reports suggesting holiday sales were strong for U.S. retailers.

Some early studies pointing to a reduced risk of hospitalization in Omicron cases have helped investors look past the travel disruptions and powered the S&P 500 to record highs this week.

"The market thinks that Omicron is going to hit just