While Boeing dragged the index down last year, Nvidia ( NVDA -6.22%) took up the slack and was the best-performing Dow Jones stock of 2024. Let's take a look at the other names that rounded out the top-performing Dow Jones stocks.
Currys has raised profit guidance and pledged to resume dividend payments after the retailer reported a strong festive performance today. An improved balance sheet means the company expects to resume dividend payments with a distribution of 1.
Futures on the Dow Jones Industrial Average (DJI) are pointed firmly lower, following yesterday's 703-point pop, while S&P 500 Index (SPX) futures sit flat, and Nasdaq-100 Index (NDX) futures manage a modest gain.
Stock futures are higher after this morning's consumer price index (CPI) data, with futures on the Dow up over 500 points
Recruitment firm Page Group expects 2024 operating profit towards the lower end of the current market consensus range of £49 million to £58.5 million. Gross profit fell 17.2% to £196.7 million in the three months,
Stocks navigated another volatile session after Friday's plunge, which wiped out all year-to-date gains for Wall Street's major gauges. A hot December jobs report rattled markets, spurring concern that signs of strength in the economy will encourage the Federal Reserve to keep rates higher for longer.
Share benchmarks in China showed scant reaction, given that the 5% annual growth exactly matched the government's target for “about 5%” growth in 2024. The economy grew 5.4% year-on-year in the October-December quarter.
In Europe, the Stoxx Europe 600 climbed 0.4% in morning trading. Avolta added 8.5% and Oersted rose 4%. On the other hand, Evolution Gaming Group slipped 3.1%, and Allegro.eu fell 2.1%. The FTSE 100 added 0.8%. Other stocks in Europe were up as France's CAC 40 gained 0.6% and Germany's DAX rose 0.3%.
U.S. stock indexes are drifting following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies
Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter sales, while France's LVMH, Kering and Christian Dior all rising. Retailers Moncler, Burberry, Swatch and Hermes also crowded around the top of the Stoxx index.
Taylor Wimpey was the FTSE 100's biggest loser, down 3.6%. The housebuilder noted that 2024 UK completions totalled 9,972, down on-year from 10,356. The average UK private home price decreased to GBP356,000 from GBP370,000.
European markets traded higher Wednesday as markets digested cooler-than-expected inflation data from the U.S. and UK.