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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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Amazon's Union Efforts in Quebec Meet Resistance

 


In a surprising turn of events, Amazon has announced the closure of all seven of its warehouses in Quebec, resulting in nearly 2,000 job losses. This decision comes just months after workers at a warehouse in Laval successfully unionized, marking the first unionized Amazon workforce in Canada. Despite Amazon's insistence that the closures are unrelated to the unionization efforts, many are skeptical, viewing this move as a direct attempt to quash the union push.

The closures have sparked outrage among workers and union leaders, who argue that Amazon is trying to send a message to other employees considering unionization. Quebec's Labour Minister has vowed to ensure that Amazon respects all labour laws, while federal officials are calling for a review of Ottawa's business relationship with the company.

As the debate continues, the future of unionization efforts at Amazon remains uncertain. What is clear, however, is that the fight for workers' rights in Quebec is far from over.



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