Why the Dow had such a miserable December versus other indexes. Warren Buffett is topping up his stake in this high-margin internet name.

U.S. stock indexes are starting 2025 with gains, putting Wall Street on track to break a four-day losing streak that dimmed the end of its stellar 2024. The S&P 500 rose 0.6% at the open of trading Thursday following its longest losing streak since early September.

The stock market opened higher to kick off the first trading day of 2025. The Dow Jones Industrial Average was up 300 points, or 0.7%. The S&P 500 was up 0.5%. The Nasdaq Composite was up 0.5%. The yield on the 2-year Treasury note was down to 4.