The Dow Jones, S&P 500 and Nasdaq fell, and Bitcoin fell after the Christmas holiday.

US stocks fell on Thursday as trading resumed after the Christmas holiday and Wall Street digested one of the only significant economic data points of the week.

Standard & Poor’s 500 (^ GSBC(Down 0.3%, while the tech-heavy Nasdaq fell)^ IX) decreased by 0.3%. Dow Jones Industrial Average (^ DJI) It also lost about 0.2%.

Technology stocks led modest declines as the 10-year Treasury yield rose (^Tinx) rose by 4.6%.

Meanwhile, Bitcoin (Bitcoin-dollar) fell below the $96,000 level as choppy trading continued. Cryptocurrency-related stocks like MicroStrategy (MSTR) Track declines.

Markets appeared to be struggling in an attempt to extend interest rates The beginning of the “Santa Claus Walk” Which started with a bang on Tuesday. All three major indexes rose by about 1%. The S&P 500 and Nasdaq Composite moved within close range of their records after regaining gains from last week’s Fed-fueled decline.

As Wall Street returns from its holiday break, the normally routine release of weekly unemployment claims has garnered more attention as the only piece of the jobs puzzle on the docket this week.

Labor Department data released before the market opened showed that weekly unemployment claims fell to 219,000 compared to expectations of 223,000. However, continuing claims pointed to a slowing labor market, jumping by 46,000 in the week ending December 14 to 1.91 million, the highest level since November. 2021.

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