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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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High-Tech Drone Detection System Deployed in New York Amid Mystery Sightings

 

In response to a series of mysterious drone sightings across the East Coast, U.S. officials have deployed a state-of-the-art drone detection system to New York. Governor Kathy Hochul announced the deployment after drone sightings forced the temporary shutdown of runways at Stewart International Airport last week.

The system, which utilizes advanced 360-degree radar technology, aims to enhance the ability of state and federal law enforcement to monitor and address unauthorized drone activities. The sightings have not only been reported in New York but also in neighboring states such as New Jersey, Pennsylvania, Maryland, and Connecticut.

Homeland Security Secretary Alejandro Mayorkas assured the public that the drones do not pose a national security threat and that the federal government is working closely with state and local authorities to manage the situation. Despite the reassurances, the uptick in drone sightings has raised concerns among residents and prompted calls for more robust measures to address the issue.

Senator Chuck Schumer has urged Congress to pass legislation that would grant local enforcement more power to investigate and counteract drone activities. Meanwhile, New Jersey Senator Andy Kim has been actively engaging with local communities to gather more information about the sightings.

As the investigation continues, authorities remain committed to ensuring the safety and security of the affected regions.



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