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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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Ukraine Stands Firm Against Crimea Surrender Amid US Peace Proposal

 

A recent peace proposal from the Trump administration has sparked outrage among Ukrainian officials. The plan, which includes recognizing Russian authority over Crimea, has been met with firm resistance. Ukrainian lawmakers and the public have declared that formally surrendering Crimea is politically and legally impossible, as it would require constitutional changes and a nationwide vote. Many view such a move as treason and a betrayal of the sacrifices made by Ukrainian service members.

While some acknowledge that temporary territorial concessions might be necessary for peace, the idea of permanently relinquishing Crimea remains a red line for Ukraine. President Zelenskyy has reiterated that Crimea will never be recognized as part of Russia, despite mounting pressure from the U.S. and ongoing conflict with Russian forces.

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