S&P registers record close as growth stocks advance
Tue December 23, 2025 6:07 PM
The market continues to benefit from Micron’s boost and a resurging confidence in AI reflected in yet another boost to Nvidia to the tune of 3% as well as 1% boosts to each of Amazon, Alphabet and Broadcom. But by far the biggest news was the Q3 GDP report which came in way higher than the estimate, 4.3% vs 3.3%, showing once again the resilience of the economy. But consumer confidence threw a damper on all this as it fell due to deepening concerns over jobs and income. Factory production also remained unchanged after falling in October.
Yet, the S&P touched a new record today and both the S&P and Nasdaq remain well on course for 8 consecutive months of gains and all three indexes for a third straight year of gains. Of course, the traditional annual Santa Claus rally remains intact. As is always the case this season, volume came in light at 14.01 billion vs the 16.67 average. Wednesday will be a half day and Thursday, of course, is closed.
DJ: 48,362.68 +227.79 NAS: 23,428.83
+121.21 S&P: 6,878.49
+43.99 12/22
DJ: 48,442.41 +79.73 NAS: 23,561.84
+133.02 S&P: 6,909.79
+31.30 12/23
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