[DowJonesToday]Dow Jones Advances Amid Strong Economic Data and AI Momentum
Stock Market News·2025-12-24 14:09

Market Overview - The Dow Jones Industrial Average increased by 79.73 points, or 0.16%, reaching 48,442.41 as markets prepared for an early close ahead of the Christmas holiday [1] - Dow Futures were slightly down by 4.00 points, or -0.0082%, at 48,758.00 [1] Economic Data - The U.S. economy experienced an unexpectedly strong annual growth rate of 4.3% in the third quarter, contributing to a significant boost in market sentiment [2] - This economic resilience led the S&P 500 to reach a new record high, reflecting sustained investor confidence [2] Sector Performance - The technology sector, particularly AI-related stocks, continued to lead market gains, with Nvidia (NVDA) surging by 2.73% [3] - Other notable gainers included Nike (NKE) with a rise of 1.97% and Amazon (AMZN) up by 1.65% [3] - Conversely, some consumer-focused and pharmaceutical stocks faced declines, with McDonald's (MCD) down by -1.65%, Walmart (WMT) falling -1.62%, and Johnson & Johnson (JNJ) decreasing by -0.83% [3]