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Wall Street Holds Steady as S&P 500 Hits Record Ahead of Christmas Break

Market Snapshot – December 24, 2025 Dow Jones Futures: Flat at 48,735 points S&P 500 Futures: Near 6,957 points, little changed after Tuesday’s record close Nasdaq 100 Futures: Slight dip of 0.1% to 25,796.5 points S&P 500 Index: Closed Tuesday at 6,909, its latest all-time high Key Drivers Robust economic growth continues to fuel investor optimism. Seasonal “Santa Claus rally” has lifted stocks for four consecutive sessions. Markets will close early today at 1 p.m. EST and remain shut tomorrow for Christmas Day. Traders remain cautious about inflation and potential Federal Reserve rate cuts in 2026. Quick Take Wall Street enters the holiday season on a high note, with the S&P 500 near the 7,000 mark and futures showing little movement. The shortened trading session means liquidity will be thin, amplifying small moves. Still, the overall tone remains upbeat, with investors betting that the year-end rally will carry into the final days of 2025.
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Winter Set to Redeem Itself After Record-Breaking Warmth

 

After experiencing the warmest winter on record last year, Canada is bracing for a colder season this year, according to The Weather Network's chief meteorologist, Chris Scott. Scott predicts that this winter will attempt to "salvage its reputation" with generally colder temperatures and more impactful weather compared to last year.

The forecast indicates that Western Canada will see near- or above-normal snow totals, while Ontario and Quebec can expect significant winter weather in December. However, Scott warns that the overall winter will still not be a "blockbuster" for any region.

"It's coming east in a hurry, and it will pack a real punch," Scott said, noting that there will be a "mad scramble for winter tires and salt" in Ontario and Quebec.

The Weather Network's seasonal forecast suggests that while January and February may be milder in Quebec and Ontario, Manitoba and Saskatchewan will experience a more typical winter. The forecast also brings good news for drought-weary prairie farmers, who rely on snowmelt to boost soil moisture in the spring.




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