Nasdaq closes at record high for ninth straight day amid quiet Christmas Eve session
U.S. stocks traded until 1 p.m. ET
Stocks ended little changed in an abbreviated Christmas Eve session.
All three of the major averages finished within 0.2 percent of their respective flat lines as the Nasdaq Composite closed at a record high for the ninth straight day.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 38239.98 | +253.58 | +0.67% |
| SP500 | S&P 500 | 5010.6 | +43.37 | +0.87% |
| I:COMP | NASDAQ COMPOSITE INDEX | 15451.305261 | +169.30 | +1.11% |
Uber shares gained after the company said co-founder Travis Kalanick's last day as a board member will be Dec. 31.
"Uber has been a part of my life for the past 10 years,” Kalanick said in a statement. “At the close of the decade, and with the company now public, it seems like the right moment for me to focus on my current business and philanthropic pursuits.”
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Elsewhere, Tesla rallied a day after shares hit $420, the level at which CEO Elon Musk tweeted he had secured funding to take the company private. Musk's tweet sparked an investigation by the U.S. Securities and Exchange Commission and ultimately led to him stepping down from the company's board of directors for at least three years.
Boeing shares fell for a second day after Dennis Muilenberg resigned as CEO amid the ongoing 737 Max crisis.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| UBER | UBER TECHNOLOGIES INC. | 68.98 | -0.22 | -0.32% |
| TSLA | TESLA INC. | 142.05 | -5.00 | -3.40% |
| BA | THE BOEING CO. | 170.48 | +0.66 | +0.39% |
Meanwhile, retailers were in focus after a report said Super Saturday, the last Saturday before Christmas, was the biggest day in retail history. Retailers raked in $34.4 billion, according to Bloomberg, citing a report from Customer Growth Partners.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| WMT | WALMART INC. | 60.14 | +0.61 | +1.02% |
| TGT | TARGET CORP. | 167.06 | -1.22 | -0.72% |
| JWN | NORDSTROM INC. | 18.79 | -0.13 | -0.69% |
| M | MACY'S INC. | 18.75 | +0.22 | +1.19% |
| BBY | BEST BUY CO. INC. | 75.12 | -1.03 | -1.35% |
Looking at commodities, West Texas Intermediate crude oil was up 0.8 percent at $61 a barrel while Brent crude oil, the international benchmark, was higher by 1.1 percent at $67.11 a barrel.
The U.S. Treasury market, was down 2.1 basis points at 1.914 percent heading into the 2 p.m. ET close.
U.S. markets will be closed Wednesday for Christmas and reopen on Thursday.
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In Europe, markets were little changed with London's FTSE up 0.1 percent and France's CAC unchanged. German markets were closed.
In Asia, Tokyo's Nikkei edged up less than 0.1 percent, China's Shanghai Composite rallied 0.7 percent and Hong Kong's Hang Seng slipped 0.2 percent.
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FOX Business' Ken Martin and The Associated Press contributed to this article.