Wall Street's weak end to last year appears to be carrying into 2025, and U.S. stock indexes are slipping on Thursday. The S&P 500 was down 0.5% in Thursday afternoon trading and on track to extend the four-day losing streak that dimmed the close of its stellar 2024.

Wall Street see-sawed to a lower close on Thursday amid choppy trading, as investors embarked on the new year facing the cross-currents of solid labor market data, a rising dollar and tumbling Tesla shares.

Shares of Tesla Inc. TSLA slid 6.08% to $379.28 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.16% to 19,280.79 and Dow Jones Industrial Average DJIA falling 0.

U.S. stock indexes are drifting in erratic trading on Thursday to start 2025. The S&P 500 was up 0.1% in midday trading after flipping between an earlier loss of 0.1% and gain of 0.9%. It's coming off a four-day losing streak,