The three major New York stock indexes ended slightly lower in a quiet mood during the year-end holiday.
On the 26th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average fell 20.19 points, or 0.04%, from the previous session to close at 48,710.97. The Standard & Poor's (S&P) 500 fell 2.11 points, or 0.03%, to 6,929.94, and the Nasdaq composite lost 20.21 points, or 0.09%, to 23,593.10.
The S&P 500 hit an intraday record high.
On this first trading day after Christmas, the year-end holiday mood continued and transactions were subdued. As the three major indexes had risen for five straight sessions in a "Santa rally," there was also a sense of taking a breather.
There were no major economic indicators or events to move the market. Key Federal Reserve (Fed) officials are expected to resume public remarks in the new year.
By sector, none moved more than 1% up or down. Mega-cap tech companies with market capitalizations of $1 trillion or more were mixed around the flatline. Nvidia rose more than 1%, while Tesla fell more than 2%. Oracle, which is under scrutiny for massive liability financing, finished slightly higher.
Coupang, listed in New York, rose as much as 6.45% intraday. The move is seen as reflecting Coupang's release that its own probe into a personal data leak found only 3,000 accounts were exposed and there was no third-party leak.
Meanwhile, according to the Chicago Mercantile Exchange (CME) FedWatch tool, the federal funds futures market priced an 80.1% chance of a rate hold in January, compared with 84.5% near the prior close.
The Chicago Board Options Exchange (CBOE) Volatility Index (VIX) stood at 13.60, up 0.13 point, or 0.97%, from the previous session.