How major US stock indexes fared Thursday, 1/4/2024

Wall Street’s weak start to 2024 carried into a third day

Wall Street’s weak start to 2024 carried into a third day. Stocks finished mixed on Thursday following reports showing the U.S. job market remains solid, though maybe a touch too strong.

The S&P 500 slipped 0.3%, and is on track for its first losing week in the last 10. The Dow Jones Industrial Average eked out a gain of less than 0.1%, and the Nasdaq composite fell 0.6%.

Walgreens Boots Alliance sank after cutting its dividend nearly in half in order to hold onto more cash. That helped overshadow gains for airlines and cruise-ship operators.

On Thursday:

The S&P 500 fell 16.13 points, or 0.3%, to 4,688.68