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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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Icy Monday Ahead: Freezing Rain Threatens Ontario's Commutes


As southern Ontario braces for a pattern change, commuters should be wary of freezing rain that is expected to make roads slippery on Monday. Warmer air moving into the region will clash with stubborn cold air near the surface, creating conditions ripe for ice formation.


Areas at Highest Risk:

- Northern Greater Toronto Area (GTA)

- Cottage country

- Eastern Ontario, including Orangeville, Barrie, and Peterborough


Timing:

- Ice accretion will coincide with the morning commute and continue into the early afternoon before transitioning to rain.

- Central Ontario and the Nickel Belt may experience icing through the evening, potentially turning back to snow.


Precautions:

- Expect slow and messy commutes due to slippery road conditions.

- Environment and Climate Change Canada has issued widespread freezing rain warnings.


Stay tuned to local weather updates and drive safely!



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