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S&P 500, Dow Snap Losing Streaks to Kick Off New Year

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Oil Extends Fall as Traders Assess Russia-Ukraine Peace Talk Prospects

The start of the new year brought mixed results for the stock market.

The Dow Jones Industrial Average rose 317 points, or 0.7%. The S&P 500 closed up 0.2%. The Nasdaq Composite closed down slightly.

The Dow and S&P both snapped their four-day losing streaks, but the Nasdaq couldn’t seal the deal. It finished just below breakeven to bring its own skid to five days. The tech-heavy index last fell five days in a row in early 2025.

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