S&P 500 Ends Year Up About 17%, Sable Offshore Rises 10.9%
Equity futures were broadly lower following a down New Year's Eve session to close out an otherwise strong year for the market. The typical year-end rally didn't materialize, but the S&P 500 still finished the year up about 17% as AI optimism, lower borrowing costs, and strong earnings fueled a rally despite the hurdles of trade policy, geopolitical tensions, and valuation concerns.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER -Sable Offshoreup 10.9% after an appeals court denied an emergency motion for a stay filed by environmental groups led the Environmental Defense Center against the Department of Transportation and the Pipeline and Hazardous Materials Safety Administration with respect to Sable Offshore's receipt of an emergency special permit from PHMSA approving the operation of segments 324 and 325 of the Santa Ynez Pipeline SystemLOWER -Intelligent Bio Solutionsdown 6.5% after entering into a manufacturing partnership with Syrma Johari
