But the recent market slump has been mild, with the Dow losing just 3% over the prior eight trading days. That’s barely a blip in the big picture.
Not only that, but the losses have been mostly contained to the Dow.
The Nasdaq, powered by Big Tech and the artificial intelligence boom, is still on fire, though the tech-heavy index ended Tuesday lower by around 0.32%. The S&P 500 was also down Tuesday, closing with a decline of about 0.39%.
“It’s a little quirky,” said Keith Lerner, co-chief investment officer and chief market strategist at Truist Advisory Services. “Money continues to rotate into technology stocks. That’s the dominant theme for this market: AI and technology.”
The Dow’s losing streak comes ahead of Wednesday’s interest rate decision from the Federal Reserve.
Investors widely expect the Fed to cut rates by a quarter point, although officials could signal plans to slow the pace of cuts in 2025.
Despite the recent losses, the blue chips are up by 16% so far this year. Not only that, but the Dow is still about 1,500 points (3.5%) higher than it was on Election Day.
Markets initially surged following the election results, with investors breathing a sigh of relief that recounts and court fights were avoided. There has also been significant enthusiasm for Trump’s promises to cut red tape and taxes.
“After the election, investors focused only on the good parts of Trump policy. Next year, they’ll have to focus on both the good and the bad,” said Lerner, referring to concerns about Trump’s threats to spike tariff rates and launch mass deportations.
There hasn’t been a losing streak of 10 days or more since an 11-day slump in 1974, according to FactSet data.
“I don’t believe the Dow’s recent losing streak is necessarily a sign of trouble ahead,” said Anthony Saglimbene, chief market strategist at Ameriprise.
Instead, Saglimbene said, the recent losses represents some profit-taking after steep gains in recent weeks.
There’s also been a “modest reset in expectations around the risks and opportunities associated with the incoming Trump administration next year,” he said, “and whether a Trump 2.0 policy agenda can spur the type of growth being priced in to stocks.”
There were some shocks among the 82nd Golden Globes candidates, as well as some former child stars.
The 2025 candidates were revealed by actors Mindy Kaling and Morris Chestnut. The musical “Emilia Pérez” received the most nominations (10).
Former Nickelodeon and Disney child stars Selena Gomez and Ariana Grande both received nominations: Gomez for the movie Emilia Pérez and her Hulu series “Only Murders in the Building,” while Grande for “Wicked.”
The surprises included Pamela Anderson’s nomination in the best actress in a drama category for her performance in “The Last Showgirl.” In recent years, fans have been vocal in their desire to see Anderson receive more respect for her acting career amid complaints that she’s been objectified and overlooked earlier in her career.
Another was the nomination of Jamie Foxx in the best performance in a stand up category for his special “Jamie Foxx: What Had Happened Was,” which debuts on Netflix on Tuesday.
Foxx faces competition in the category from Nikki Glaser, who will host the Golden Globes ceremony.
Hollywood veteran Viola Davis and three-time Golden Globe winner Ted Danson will be the recipients of Cecil B. DeMille Award and the Carol Burnett Award, respectively.
The 2025 Golden Globes will take place on January 5 and air live on CBS and stream on Paramount+.
A full list of nominees follows below.
TELEVISION
Best performance by a male actor in a television series – musical or comedy
Jeremy Allen White as Carmen “Carmy” Berzatto in “The Bear.” Chuck Hodes/FX
Adam Brody, “Nobody Wants This”
Ted Danson, “A Man on the Inside”
Steve Martin, “Only Murders in the Building”
Jason Segel, “Shrinking”
Martin Short, “Only Murders in the Building”
Jeremy Allen White, “The Bear”
Best performance by a female actor in a television series – musical or comedy
Kristen Bell, “Nobody Wants This”
Quinta Brunson, “Abbott Elementary”
Ayo Edebiri, “The Bear”
Selena Gomez, “Only Murders in the Building”
Kathryn Hahn, “Agatha All Along”
Jean Smart, “Hacks”
Best performance by a male actor in a television series – drama
Donald Glover, “Mr. and Mrs. Smith”
Jake Gyllenhaal, “Presumed Innocent”
Gary Oldman, “Slow Horses”
Eddie Redmayne, “The Day of the Jackal”
Hiroyuki Sanada, “Shōgun”
Billy Bob Thornton, “Landman”
Best performance by a female actor in a television series – drama
Donald Glover and Maya Erskine in “Mr. and Mrs. Smith.” David Lee/Prime Video
Kathy Bates, “Matlock”
Emma D’Arcy, “House of the Dragon”
Maya Erskine, “Mr. and Mrs. Smith”
Keira Knightley, “Black Doves”
Keri Russell, “The Diplomat”
Anna Sawai, “Shōgun”
Best performance by a male actor in a limited series, anthology series, or a motion picture made for television
Colin Farrell, “The Penguin”
Richard Gadd, “Baby Reindeer”
Kevin Kline, “Disclaimer”
Cooper Koch, “Monsters: The Lyle and Erik Menendez Story”
Ewan McGregor, “A Gentleman in Moscow”
Andrew Scott, “Ripley”
Best performance by a female actor in a limited series, anthology series, or a motion picture made for television
Cate Blanchett, “Disclaimer”
Jodie Foster, “True Detective: Night Country”
Cristin Milioti, “The Penguin”
Sofía Vergara, “Griselda”
Naomi Watts, “Feud: Capote vs. the Swans”
Kate Winslet, “The Regime”
Best television series – drama
Anna Sawai and Hiroyuki Sanada in “Shogun.” Katie Yu/FX
“The Day of the Jackal”
“The Diplomat”
“Mr. and Mrs. Smith”
“Shōgun”
“Slow Horses”
“Squid Game”
Best television series – musical or comedy
“Abbott Elementary”
“The Bear”
“The Gentlemen”
“Hacks”
“Nobody Wants This”
“Only Murders in the Building”
Best television limited series, anthology series, or motion picture made for television
Jodie Foster, Kali Reis in “True Detective Night Country.” Michele K. Short/HBO
“Baby Reindeer”
“Disclaimer”
“Monsters: The Lyle and Erik Menendez Story”
The Penguin”
“Ripley”
“True Detective: Night Country”
Best performance by a female actor in a supporting role on television
Liza Colón-Zayas, “The Bear”
Hannah Einbinder, “Hacks”
Dakota Fanning, “Ripley”
Jessica Gunning, “Baby Reindeer”
Allison Janney, “The Diplomat”
Kali Reis, “True Detective: Night Country”
Best performance by a male actor in a supporting role on television
Chloë Sevigny and MJavier Bardem in “Monsters: The Lyle And Erik Menendez Story.” Courtesy Netflix
Tadanobu Asano, “Shōgun“
Javier Bardem, “Monsters: The Lyle and Erik Menendez Story”
Harrison Ford, “Shrinking”
Jack Lowden, “Slow Horses”
Diego Luna, “La Maquina”
Ebon Moss-Bachrach, “The Bear”
Best performance in stand-up comedy on television
Jamie Foxx, “What Had Happened Was”
Nikki Glaser, “Someday You’ll Die”
Seth Meyers, “Dad Man Walking”
Adam Sandler, “Love You”
Ali Wong, “Single Lady”
Ramy Youssef, “More Feelings”
FILM
Best motion picture – musical or comedy
Cynthia Erivo and Ariana Grande in “Wicked.” Giles Keyte/Universal Pictures
“Anora”
“Challengers”
“Emilia Pérez”
“A Real Pain”
“The Substance”
“Wicked”
Best motion picture – drama
“The Brutalist”
“A Complete Unknown”
“Conclave”
“Dune: Part Two”
“Nickel Boys”
“September 5”
Best motion picture – non-english language
“All We Imagine as Light”
“Emilia Pérez”
“The Girl With the Needle”
“I’m Still Here”
“The Seed of the Sacred Fig”
“Vermiglio”
Best screenplay – motion picture
Mikey Madison in “Anora.” NEON
“Emilia Pérez”
“Anora”
“The Brutalist”
“A Real Pain”
“The Substance”
“Conclave”
Best original song – motion picture
“Beautiful That Way” from “The Last Showgirl,” by Miley Cyrus, Lykke Li, and Andrew Wyatt
“Compress/Repress” from “Challengers”
“El Mal” from “Emilia Pérez” by Clément Ducol, Camille and Jacques Audiard
“Better Man” from “Forbidden Road” by Robbie Williams, Freddy Wexler & Sacha Skarbek
“Kiss the Sky” from “The Wild Robot”
“Mi Camino” from “Emilia Pérez” by Clément Ducol and Camille
Best performance by a male actor in a supporting role in any motion picture
Yura Borisov, “Anora”
Kieran Culkin, “A Real Pain”
Edward Norton, “A Complete Unknown”
Guy Pearce, “The Brutalist”
Jeremy Strong, “The Apprentice”
Denzel Washington, “Gladiator II”
Best performance by a female actor in a supporting role in any motion picture
Zoe Saldaña as Rita Moro Castro in “Emilia Pérez.” Shanna Besson/Page 114/Why Not Productions/Pathé Films/France 2 Cinéma
Selena Gomez, “Emilia Pérez”
Ariana Grande, “Wicked”
Felicity Jones, “The Brutalist”
Margaret Qualley, “The Substance”
Isabella Rossellini, “Conclave”
Zoe Saldaña, “Emilia Pérez”
Best performance by a male actor in a motion picture – musical or comedy
Jesse Eisenberg – “A Real Pain”
Hugh Grant – “Heretic”
Gabriel LaBelle – “Saturday Night”
Jesse Plemons – “Kinds of Kindness”
Glen Powell – “Hit Man”
Sebastian Stan – “A Different Man”
Best performance by a female actor in a motion picture – musical or comedy
Amy Adams, “Nightbitch”
Cynthia Erivo, “Wicked”
Karla Sofía Gascón, “Emilia Pérez”
Mikey Madison, “Anora”
Demi Moore, “The Substance”
Zendaya, “Challengers”
Best performance by a male actor in a motion picture – drama
Ralph Fiennes in “Conclave.” Courtesy of Focus Features
Adrien Brody, “The Brutalist”
Timothée Chalamet, “A Complete Unknown”
Daniel Craig, “Queer”
Colman Domingo, “Sing Sing”
Ralph Fiennes, “Conclave”
Sebastian Stan, “The Apprentice”
Best performance by a female actor in a motion picture – drama
Pamela Anderson, “The Last Showgirl”
Angelina Jolie, “Maria”
Nicole Kidman, “Babygirl”
Tilda Swinton, “The Room Next Door”
Fernanda Torres, “I’m Still Here”
Kate Winslet, “Lee”
Best director – motion picture
Jacques Audiard – “Emilia Pérez”
Sean Baker – “Anora”
Edward Berger – “Conclave”
Brady Corbet – “The Brutalist”
Coralie Fargeat – “The Substance”
Payal Kapadia – “All We Imagine as Light”
Best original score – motion picture cinematic and box office achievement
