Holiday Rally Continues: S&P 500 Hits New Record in Shortened Christmas Eve Session

U.S. equity markets extended their winning streak to a fifth consecutive session on Wednesday, December 24, 2025, with the S&P 500 and Dow Jones Industrial Average both closing at new record highs in a holiday-shortened Christmas Eve trading session. Trading concluded early at 1:00 PM ET, as investors began winding down for the Christmas holiday, which will see markets closed on Thursday. Despite the abbreviated hours and typically lighter trading volumes, a prevailing "Santa Claus rally" sentiment contribu ...