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U.S. Stocks Dip Despite Yearly Gains; Bitcoin Slumps

1/3/2025

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Story summary
  • U.S. stocks fell on Tuesday: Dow down 0.1%, S&P 500 down 0.4%, and Nasdaq down 0.9%.
  • Despite the decline, major indexes saw yearly gains: Nasdaq up 29%, S&P 500 up 23%, and Dow up 13%.
  • Tesla and tech stocks drove the downturn, while Moderna increased by 5.6%.
  • Bitcoin is currently priced at $93,500, down from a peak of $108,000.
  • Natural gas prices jumped 20% due to forecasts of cold weather.