US stocks showed little change as they opened lower again on Tuesday due to low investor activity in the market.
On Monday, both the S&P 500 and Nasdaq 100 indices closed lower for the third consecutive day as the technology sector continued to face pressure.
The S&P 500 has seen a remarkable increase of 27% in 2024.
The increase was supported by factors such as expectations of interest rate cuts, strong corporate profits and rapid investment in artificial intelligence (AI).
Large companies such as Palantir Technologies and Nvidia were among the standouts, achieving impressive gains.
The Dow Jones also rose 14.4%, supported by encouraging consumer spending, better economic data and stronger global trade relations.
However, the Nasdaq was the most prominent index with a 34% increase that was driven by advances in AI, cloud computing and biotechnology.
Most investors were seen on vacation or preparing for the 2025 market challenges at the end of 2024.
