
- The Dow Jones cycled near familiar levels on the first trading day of 2025.
- Tepid intraday flows crimp hopes for a ‘Santa Clause rally’.
- Initial Jobless Claims improved, but not enough to spark a firm risk-on bid.
The Dow Jones Industrial Average (DJIA) fizzled on Thursday, kicking off the 2025 trading year with a flat performance and churning chart paper near 42,500. Equities were middling overall during the US market session, with early gains reversing through the day.
The first week of 2025 remains thin on the economic calendar overall, though US ISM Manufacturing Purchasing Managers Index (PMI)
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