5 hours ago

The Stock Market Is Falling. The Santa Claus Rally Is In Danger.

The stock market’s Monday slide has Wall Street asking whether Santa Claus will call this year, after all.

The S&P 500 was down 0.6%. The Dow was down 308 points, or 0.6%. The Nasdaq Composite was down 0.8%.

What began as a slide in stocks linked to artificial intelligence and precious metals has evolved into a broader market decline. Only 164 stocks in the S&P 500 were trading higher on the day.