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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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Ontario Braces for Freezing Rain: Power Outages and Travel Disruptions Expected

A freezing rain warning has been issued for much of Ontario, including Toronto, as a potent storm is set to hit the region this weekend. Environment Canada predicts the storm will bring varying precipitation, including rain, snow, and freezing rain, depending on temperatures. Ice accumulation of up to 10 millimeters is expected in Toronto, while areas like Parry Sound and Kingston could see upwards of 25 millimeters.

The freezing rain is anticipated to begin Friday evening and persist through Sunday morning. Higher terrain areas may experience prolonged freezing rain due to cooler temperatures. The storm poses risks such as power outages, slippery roads, and broken tree branches. Residents are advised to prepare for potential disruptions and avoid non-essential travel.



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