
U.S. stocks and bonds began the first trading week of the new year on the weak side, giving back some of the gains made during the last six weeks of 2023.
The S&P 500 closed at 4,697.24, down 1.30% for the week; the Dow Jones at 37,477.11, down 0.45%; the tech-heavy Nasdaq at 14,524.07, down 2.78% and the small-cap Russell 2000 at 1951.14, down 3.6%.