Welcome back. After an abbreviated Thanksgiving week, the market is finally back -- leaving just a few more trading sessions left before we put 2025 in the history books.
This year has had its ups and downs, between Trump's tariff tumult, rate cut speculation, and a dearth of economic data during the longest-ever government shutdown. But nonetheless, it has been historic. There's (likely) no taking that away, even if today is somewhat suboptimal.
That said, stocks are restrained this Monday. About 55.3% (3,068) issues are in decline, per data from FinViz. And speaking of falling stocks, a healthy number of today's sagging names are coming from the digital assets biz.
Monday Reading:
This weekend, bitcoin and ethereum fell below $85K and $2.8K respectively, with a recovery derailed by a comment from bitcoin treasury firm Strategy (-10.2%), which conceded it has an option to sell its bitcoin, which is already falling in price.
But crypto aside, the Nasdaq (-0.11%) and S&P 500 (-0.20%) have clawed back from an anemic start to the day, barely in the green. Five S&P 500 sectors are in the green -- led by consumer discretionary, energy, and technology. Meanwhile, the Dow (-0.49%) and Russell 2000 (-0.70%) are seeing deeper shades of decline.
TurboTax Via TheStreet:
-- Noah Weidner, markets reporter
