holiday season

AI Stocks Lead Market Decline Amidst Santa Claus Rally Expectations

AI Stocks Lead Market Decline Amidst Santa Claus Rally Expectations

NeelRatan

The stock market experienced a significant downturn today, primarily driven by falling tech stocks like Broadcom, Amazon, and Rivian. The anticipated "Santa Claus rally" failed to materialize, with the Dow dropping over 300 points, marking a turbulent end to the holiday week.