US stocks mostly higher on New Year rally


Posted on: January 8th, 2018 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — The New Year rally continued with U.S. stocks mostly higher on Monday, despite the Dow closing in the red.

The Dow Jones Industrial Average slid 12.87 (-0.05 percent), finishing the session at 25,283.00.

The Nasdaq climbed 20.83 (+0.29 percent) to close at 7,157.39, while the S&P 500 finished trading at 2,747.71, up 4.56 (+0.17 percent) for the day.

Crude oil prices were 0.73 percent lower at about $61.50 per barrel.

Winners and Losers:  Shares of Seagate Technology soared 7.13 percent on reports the tech firm may have a stake in a cryptocurrency called Ripple.

Losses in UnitedHealth (-1.74 percent) and Goldman Sachs (-1.40 percent) weighed on the Dow.

Kohl’s rose above other retail stocks this holiday season reporting a 6.9 percent rise in same-store sales the last two months. Shares of the retail chain soared 4.67

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