Overview
On December 23, 2025, the U.S. stock market ended higher, with investors weighing the latest economic data amidst thinner holiday trading. Notably, technology stocks, particularly NVIDIA and Broadcom, propelled the market upwards.
| Nasdaq Composite | S&P 500 |
| Dow Jones Industrial Average | 1 South Korean won equals |
Major News Story
The U.S. third-quarter real GDP showed robust growth at 4.3%, significantly exceeding expectations and marking the fastest pace since Q3 2023. This surge was fuelled by strong consumer spending. Despite strong indicators, investors continued to bet on the Federal Reserve lowering interest rates. Moreover, the December consumer confidence index reflected a continuing decline due to growing concerns over employment and income.
President Trump criticized the mismatch between the robust GDP growth and the market's muted response due to rate hike worries. He expressed a desire for a new, more dovish Federal Reserve chair to enable a stock market rally during economic booms.
Tomorrow's Economic Indicators
| Time | Event |
|---|---|
| 21:00 | U.S. MBA Mortgage Applications |
| 22:30 | U.S. Initial Jobless Claims |
| 00:30 | U.S. 7-Year Note Auction |
General Opinion
The robust economic indicators and expectations for a year-end 'Santa Rally' are having a positive impact on the market, although uncertainty regarding Federal Reserve rate policies remains. This could potentially increase market volatility. Investors are encouraged to keep an eye on various indicators related to economic recovery.
