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Technology stocks led a broad rally on Wall Street Tuesday during a holiday-shortened trading session ahead of Christmas. The S&P 500 rose 1.1% for its third-straight gain. The Dow Jones Industrial Average added 0.9%, and the tech-heavy Nasdaq composite climbed 1.3%. While Big Tech companies, including Apple, Amazon and chip company Broadcom helped push the market higher, the gains were widespread. Advancers outnumbered decliners by more than 3-to-1 on the New York Stock Exchange. Broadcom rose 3.2%, Apple gained 1.1% and Amazon closed 1.8% higher. Super Micro Computer climbed 6%. Tesla jumped 7.4% for the biggest gains among S&P 500 stocks. American Airlines shook off an early loss and ended with a 0.6% gain after the airline briefly grounded flights nationwide due to a technical issue. Elsewhere in the market, U.S. Steel rose 1.9% a day after an influential government panel failed to reach consensus on the possible national security risks of the nearly $15 billion proposed sale to Nippon Steel of Japan. NeueHealth surged 74.9% after the health care company agreed to be taken private in a deal valued at roughly $1.3 billion. All told, the S&P 500 rose 65.97 points to 6,040.04. The Dow added 390.08 points to 43,297.03, and the Nasdaq rose 266.24 points to 20,031.13. Treasury yields held steady in the bond market. The yield on the 10-year Treasury was little changed at 4.59%. European markets closed mostly higher. Markets in Asia mostly gained ground. Tuesday’s U.S. market rally comes as the stock market enters what’s historically been a very cheerful season. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. The so-called “Santa rally” also correlates closely with positive returns in January and the upcoming year. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the stock market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up 26.6% so far this year and remains within roughly 1% of the all-time high it set earlier this month — its latest of 57 record highs this year. U.S. markets will be closed Wednesday for Christmas. Wall Street has several economic reports to look forward to this week, including a weekly update on unemployment benefits on Thursday.Best early Black Friday PS5 deals: Get up to $250 off console bundles, PS VR2, and accessories
Elon Musk’s preschool is the next step in his anti-woke education dreamsNew Delhi: The passing of Dr Manmohan Singh has sent a wave of mourning across the nation. Leaders from both ruling and opposition parties expressed grief over his demise and remembered his contributions. ET Year-end Special Reads Corporate Kalesh: Top family disputes of India Inc in 2024 The world of business lost these eminent people in 2024 Fast, faster, fastest: How 2024 put more speed into your shopping President Droupadi Murmu in her condolence message said that Singh was one of the rare politicians who also straddled the worlds of academia and administration with equal ease. "In his various roles in public offices, he made critical contributions to reforming the Indian economy. He will always be remembered for his service to the nation, his unblemished political life and his utmost humility," President Murmu wrote on X. Congress president Mallikarjun Kharge in his condolence message said that Singh was a great individual, who believed in actions more than words, and made invaluable contributions to nation-building. "I mourn the loss of my senior colleague, a gentleman scholar, and a humble soul who realised India's aspirations with unwavering dedication...his invaluable contributions will remain forever etched in Indian history," Kharge wrote on X. 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"I am deeply saddened to hear about the demise of former Prime Minister Dr. Manmohan Singh Ji. From serving as the Governor of the RBI to Finance Minister and then Prime Minister, Dr Singh played a pivotal role in the country's governance. May Waheguru Ji grant his soul eternal peace...," Shah wrote on X. Congress leader Priyanka Gandhi said that his honesty will always be an inspiration for us and he will forever stand tall among those who truly love this country as someone who remained steadfast in his commitment to serve the nation despite being subjected to unfair and deeply personal attacks by his opponents. Former PM and senior JDS leader HD Deve Gowda said- "He was a good and patient man, a brilliant economist, and a colleague I valued and respected. He will be remembered in history as the man who changed the course of India's economic future." West Bengal CM Mamata Banerjee in her condolence message said that his contributions to financial reforms are widely appreciated. "Having worked with him closely in the central cabinet, I witnessed his wisdom and discretion firsthand. The nation will remember his leadership, and I will miss his affectionate presence," Banerjee wrote on X. NCP leader Sharad Pawar said: "Our nation has lost one of its greatest economists, a visionary reformist, and a global statesman. His departure is an unbearable loss-he was a godly soul who embodied humility, forbearance, tolerance, and compassion. As the architect of India's economic reforms, his legacy will forever inspire generations to come," Pawar wrote on X. (You can now subscribe to our Economic Times WhatsApp channel )
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Netflix reached an unprecedented milestone on Christmas Day, thanks to Beyoncé’s electrifying halftime performance during its live NFL broadcast. The event, hosted at Houston’s NRG Stadium, marked Netflix’s debut in streaming live sports and set a new benchmark for the platform’s global viewership. The nearly 13-minute halftime show, part of the doubleheader titled A Cowboy Carter Christmas, showcased Beyoncé’s signature artistry with tracks from her acclaimed album Cowboy Carter. Joined by surprise guests Post Malone and Shaboozey, the Houston native thrilled her hometown crowd with performances of fan favourites like “16 Carriages,” “Blackbird,” and “YA YA.” The broadcast, which included the Chiefs-Steelers and Ravens-Texans games, was streamed across 200 countries, with over a third of Netflix’s global subscribers tuning in. The Ravens-Texans match, featuring Beyoncé’s halftime show, became the centerpiece of the evening and a defining moment for Netflix’s experimental foray into live sports. The streaming giant’s $150 million investment in the NFL broadcast rights is part of a three-year deal to test its live-streaming capabilities. The gamble appears to have paid off handsomely, with the Chiefs-Steelers game now ranking as Netflix’s second-most-watched live event. While Netflix did not release specific viewership numbers for Beyoncé’s performance, the overwhelming demand prompted the company to announce a standalone special, Beyoncé Bowl, ensuring her historic halftime show remains accessible to fans. The success of the event has sparked speculation about Netflix’s future in live sports. Industry experts suggest the platform may aim to compete for rights to marquee events, including the Super Bowl, which could become available in 2033. As Netflix explores new avenues to expand its live content offerings, Beyoncé’s unforgettable Christmas performance has positioned the company as a serious contender in the world of sports broadcasting. Source: AllHipHopThe Importance of Trusted Indian Legal Advisors In a country as diverse and legally complex as India, having access to reliable legal advisors is essential for businesses and individuals alike. Whether navigating corporate law, personal disputes, or compliance issues, the guidance of trusted legal professionals can make a significant difference. The following is a list of the Top 10 Most Trusted Indian Legal Advisors in 2025 , recognized for their expertise, ethical practices, and client-centric approach. 1. Cyril Amarchand Mangaldas Cyril Amarchand Mangaldas remains a leading name in the Indian legal landscape, offering services across corporate law, dispute resolution, and mergers and acquisitions. 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For a deeper understanding of corporate law practices, visit Indian Corporate Law Blog for additional resources and updates. Conclusion The legal landscape in India is evolving rapidly, and having access to trusted Indian legal advisors is more important than ever. The top 10 most trusted Indian legal advisors listed above are leaders in their respective fields, offering unparalleled expertise and commitment to their clients. Whether you are a business seeking a corporate trusted Indian legal advisors or an individual needing assistance with personal matters, these advisors ensure you’re in good hands. By choosing an trusted Indian legal advisors , you can navigate India’s complex legal environment with confidence.
