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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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Hurricane Beryl: A Monstrous Category 5 Storm Ravages the Southeast Caribbean

 

Hurricane Beryl, an unprecedented Category 5 storm, has left a trail of destruction in the southeast Caribbean. With its early formation and record-breaking intensity, Beryl has captured global attention. Let’s delve into the impact of this powerful hurricane.

Beryl made landfall in the southeast Caribbean, wreaking havoc on Carriacou, an island in Grenada. As a Category 4 storm, it caused significant damage, claiming lives in Grenada and St. Vincent and the Grenadines. Emergency teams are assessing the extent of destruction, and neighboring islands are bracing for its wrath.

Beryl’s rapid intensification is remarkable. It became the earliest Category 5 storm ever recorded in the Atlantic, fueled by unusually warm waters. Its sustained winds reached a staggering 165 mph (270 kph). The last hurricane of this magnitude to hit the southeast Caribbean was Hurricane Ivan two decades ago.

Currently located about 370 miles southeast of Isla Beata in the Dominican Republic, Beryl is on a west-northwest trajectory. Jamaica, the Cayman Islands, and Mexico’s Yucatan Peninsula are in its path. Although it’s expected to weaken slightly, Beryl remains a major hurricane as it approaches these regions.

Grenadian Prime Minister Dickon Mitchell emphasizes the need to support affected islands. St. Vincent and the Grenadines’ Prime Minister Ralph Gonsalves vows to rebuild despite widespread devastation. Union Island, Myreau, and Canouan face similar destruction, with 90% of homes on Union Island destroyed.

In summary, Hurricane Beryl’s unprecedented strength and path underscore the urgency of preparedness and resilience in the face of extreme weather events. The southeast Caribbean grapples with the aftermath, while neighboring nations brace for impact.


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