US stocks end down as tech shares drop ahead of New Year
By Saeed Azhar, Purvi
Agarwal and Shashwat Chauhan
Mon December 29, 2025 7:10 PM
The traditional Santa Claus rally took a pause today as investors decided to take profits after last week’s very healthy rally. Some prognosticators have said this is the end of the tech rush while others point to the fact that the stretched valuations are justified by the growth. And even though the Dow reached a new record last week, today industrials and tech took a 3-digit hit and the S&P once again dodged the 7,000 mark.
Despite the day’s dips, the S&P has added 17% this year and all three are headed for solid monthly gains with the Dow and S&P on track for 8 months of gains. Light trading is of course typical in the last week of the year and today’s volume of 13.08 billion is well below the 16.2 average.
DJ: 48,710.97 -20.19 NAS: 23,593.10
-20.21 S&P: 6,929.94
-2.11 12/26
DJ: 48,461.93 -249.04 NAS: 23,474.35
-118.75 S&P: 6,905.74
-24.20 12/29
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