Dec 18, 2024
On December 18, 2024, the New York Stock Exchange (NYSE) closed at 4:00 PM Eastern Time. The day’s trading session was marked by significant market movements, influenced by the Federal Reserve’s recent decision to lower interest rates. This monetary policy change had a notable impact on investor sentiment and market dynamics. https://www.witn22.org/wp-content/uploads/2024/12/Afternoon-Market-Update-Dec-18-2024.mp4 Market Performance: •S&P 500 ETF (SPY): Closed at $586.28, down 3.02% from the previous close. •Dow Jones Industrial Average ETF (DIA): Ended at $424.22, a decrease of 2.62%. •Nasdaq-100 ETF (QQQ): Finished at $516.47, down 3.66%. These declines reflect investor reactions to the Federal Reserve’s rate cut, which has implications for various sectors and the broader economy. Closing Bell Ceremonies: •NYSE: Standex International (NYSE: SXI) rang the Closing Bell at 1:00 PM Pacific Time. •Nasdaq: GraniteShares rang the Closing Bell at 4:15 PM Eastern Time to celebrate the launch of their YieldBOOST TSLA ETF (TSYY). These events highlight the ongoing activities and market engagement at both exchanges. For more detailed information on the day’s market events and the Federal Reserve’s decision, you can refer to Bloomberg’s coverage.
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