Shares on Wall Street were up Thursday, the first day of trading for 2025, the Associated Press reports. Futures for the S&P 500 and the Dow Jones Industrial Average were 0.4% higher.
On Wednesday, markets were closed on Wall Street for the New Year’s Day holiday, as were nearly all other world markets. U.S. stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The run was driven by a growing economy, solid consumer spending, and a strong jobs market, as well as skyrocketing prices for companies in the artificial intelligence business, such as Nvidia and Super Micro Computer.
U.S. markets will be closed Jan. 9 in observance of National Day of Mourning to honor former President Jimmy Carter, who died last Sunday at 100 years old.
In energy trading Thursday, benchmark U.S. crude oil rose 26 cents to $71.98 per barrel. Brent crude, the international standard, added 28 cents to $74.85 per barrel.
The U.S. dollar slipped to 156.79 Japanese yen from 157.24 yen.
