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Wall Street rises in quiet Christmas Eve trading session

Wall Street's main indexes rose on Tuesday in a truncated trading session before Christmas, with the S&P 500 and the Nasdaq up for the third consecutive day, helped by gains in a handful of megacap and growth stocks. Broadcom and Nvidia provided the biggest boost to the indexes, advancing 2.7% and 0.7%, respectively, while Consumer Discretionary and Technology led gains among S&P 500 sectors. At 09:42 a.m. the Dow Jones Industrial Average rose 32.38 points, or 0.08%, to 42,939.33, the S&P 500 gained 21.68 points, or 0.36%, to 5,995.75, and the Nasdaq Composite gained 116.55 points, or 0.59%, to 19,881.43.

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Comtech Telecommunications Faces Nasdaq Compliance Challenge

The latest announcement is out from Comtech Telecommunications ( (CMTL) ). Comtech Telecommunications Corp. received a notification from Nasdaq indicating non-compliance with periodic filing requirements due to the delayed submission of its Quarterly Report for the period ended October 31, 2024. Although this does not immediately affect the company’s listing or trading status, Comtech has until February 17, 2025, to submit a corrective plan to Nasdaq. If accepted, an extension until June 16, 202

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Japan Rolls Out More Yen Warnings as Market Liquidity Thins

(Bloomberg) -- Japan rolled out more warnings against speculative yen movements as the currency continues to show weakness ahead of two potentially market-moving central bank events this week.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife Crisis“I’m dee

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