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There are big concerns on the horizon for markets in 2025, foreshadowed in early trading.

Markets attempted to kick off the new year on the front foot as faith in techs reemerged.

NEW YORK (Reuters) -Global stocks fell on Thursday as early gains faded, continuing the year-end downdraft into the first trading day of the new year, while the dollar hit a two-year high after economic data indicated the U.S. labor market remained on solid ground. On Wall Street, U.S. stocks closed broadly lower after initial gains failed to hold, with the S&P 500 and Nasdaq notching their fifth straight daily decline, the longest skid since April. The U.S. Labor Department reported that the number of Americans filing new applications for unemployment benefits dropped to an eight-month low of 211,000 last week, below the 222,000 estimate of economists polled by Reuters.

All three major U.S. stocks ended the session in negative territory, a reversal of an earlier rally but off session lows. "We had some macro news but somewhat mixed and you know we have a very strong dollar today," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.

Nvidia stock led the so-called “Magnificent 7” tech stocks higher to start the year after a group-wide selloff in the last days of 2025.

Tesla stock is sliding to start 2025 following a big fourth quarter delivery miss, and posting an overall down year for the EV-maker.

(Bloomberg) -- The high-flying technology behemoths responsible for more than half of the S&P 500 Index’s 23% leap last year will likely struggle to dominate the market in 2025 as earnings growth decelerates.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Loca

Shares of Constellation Energy surged Thursday after the company announced a pair of contracts with the federal government.

A Wall Street veteran unveils his top stock for the new year.

Gold's rally is expected to continue in 2025, according to Wall Street analysts.