The S&P 500 was flat at 3,223.38 at the close in a holiday-shortened session. The Nasdaq and the New York Stock Exchange closed at 10 a.m. Orange County time due to Christmas Eve.
The Dow Jones Industrial Average fell 0.1% to 28,515.45.
The Nasdaq climbed 0.1% to 8,952.88.
The yield on a 10-year Treasury bond fell 1.3% to 1.91%.
The price of gold increased 1% to $1.504.
The price for a barrel of oil rose 0.8% to $60.99.
REAL ESTATE
Irvine developer Five Point Holdings LLC (NYSE: FPH) rose 2% to $6.91 per share for a market cap of just over $1 billion. Homebuilder stocks have been benefiting from low interest rates making houses more affordable, the Wall Street Journal noted earlier today.
RESTAURANTS
Huntington Beach-based BJ’s Restaurants Inc. (NASDAQ: BJRI) fell 2.6% to $36.53 per share for a market cap of $700 million. Hedge funds are “dumping” BJ’s stock, Insider Monkey reported late last week.
