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S&P 500 closed Tuesday 12/23 at 6910, up 0.5% to a new ATH # Blowout Q3 GDP report (+4.3%) # Consumer Confidence down
This discussion thread is pinned.
Last edited Tue Dec 23, 2025, 07:48 PM - Edit history (225)
In the future I will only be doing these twice a week: Tuesday and Friday, unless it's really interesting.10 Year TREASURY YIELD 4.17% on 12/23, up 0.02 since Friday 12/19 . It was 4.19% on Friday 12/12 (It local-bottomed out at 3.95% 10/22/25, its lowest point since April.)
https://finance.yahoo.com/quote/%5ETNX/
Bitcoin: $87,211 (at 4:25 PM ET 12/23 ) It was $90,381 last Friday, It has wiped out all its gains for 2025 -- it ended 2024 at $93,429. It's in bear market territory, down more than 20% from it's $126,000+ all-time high in October (actually down 31% from that level) https://finance.yahoo.com/quote/BTC-USD/
Market news of the day: https://finance.yahoo.com/
How to find the latest Yahoo Finance "stock market today" report if it's not at the finance.yahoo page: click on
https://www.google.com/search?q=%22stock+market+today%22+site%3Afinance.yahoo.com&oq=%22stock+market+today%22+site%3Afinance.yahoo.com
If the link doesn't work for you,
Google: "stock market today" site:finance.yahoo.com
https://finance.yahoo.com/news/live/stock-market-today-sp-500-notches-latest-2025-record-as-wall-streets-winning-streak-reaches-4-210010623.html
Stock market today: S&P 500 notches latest 2025 record as Wall Street's winning streak reaches, Yahoo Finance 12/23/25
US stocks tipped higher on Tuesday, with the S&P 500 clinching a fresh record, as Wall Street shrugged off fresh data that showed surprisingly strong growth in the US economy over the summer that led investors to trim bets on near-term interest-rate cuts.
The S&P 500 (^GSPC) edged up 0.5% to notch a record close of 6,909.79. The tech-heavy Nasdaq Composite (^IXIC) rose 0.6%. The blue-chip benchmark Dow Jones Industrial Average (^DJI) gained around 0.2%. The major averages extended gains for a fourth straight session.
Gold (GC=F) and silver (SI=F) continued to pick up steam, adding to a stunning rally that has the precious metals on pace for their best year in more than four decades. At the same time, copper (HG=F) crested a fresh record above $12,000 per ton.
On the tech front, Oracle (ORCL) stock jumped after China's ByteDance signed deals to create a US TikTok joint venture, including the company, which has had a turbulent week. Faith in the AI trade got another boost from Nvidia (NVDA), whose shares popped on a Reuters report that the US is reviewing prospects for sales of its H200 chips in China.
Wall Street got a first look at third quarter GDP, which showed the US economy grew at a 4.3% annualized rate in the quarter. That was much higher than the 3.3% expected, a potential sign of continued economic resilience. The shutdown-delayed report also found that consumer spending remained strong over the summer. ((remember -- this is all before the shutdown, which began at midnight October 1. This report covers the period July 1 - September 30, before the shutdown. There may have been accelerated spending prior to the long-anticipated shutdown. See the "Coming up, reports" section below on some reasons given by the media. --progree))
After the release, traders pared bets on a rate cut in January. Markets now price in over 85% odds of the Federal Reserve standing pat, up from 80% a day ago and 75% last week. That said, a plurality of wagers remain on two cuts by the end of next year.
But Tuesday morning's read on December consumer confidence from the Conference Board showed the measure declining for a fifth consecutive month, as consumers' poor economic vibes persist.
Wall Street stocks have rallied back in recent days, after last week's data — including a surprise drop in inflation and lukewarm look at labor market — left bets on 2026 interest-rate cuts mostly intact.
On the corporate front, Novo Nordisk's (NVO) US-listed stock jumped after the Danish drugmaker got official US approval to market its Wegovy weight-loss pill.
Looking ahead, US stock markets will wrap up trading early on Wednesday and be closed all day Thursday for the Christmas holiday.
US stocks tipped higher on Tuesday, with the S&P 500 clinching a fresh record, as Wall Street shrugged off fresh data that showed surprisingly strong growth in the US economy over the summer that led investors to trim bets on near-term interest-rate cuts.
The S&P 500 (^GSPC) edged up 0.5% to notch a record close of 6,909.79. The tech-heavy Nasdaq Composite (^IXIC) rose 0.6%. The blue-chip benchmark Dow Jones Industrial Average (^DJI) gained around 0.2%. The major averages extended gains for a fourth straight session.
Gold (GC=F) and silver (SI=F) continued to pick up steam, adding to a stunning rally that has the precious metals on pace for their best year in more than four decades. At the same time, copper (HG=F) crested a fresh record above $12,000 per ton.
On the tech front, Oracle (ORCL) stock jumped after China's ByteDance signed deals to create a US TikTok joint venture, including the company, which has had a turbulent week. Faith in the AI trade got another boost from Nvidia (NVDA), whose shares popped on a Reuters report that the US is reviewing prospects for sales of its H200 chips in China.
Wall Street got a first look at third quarter GDP, which showed the US economy grew at a 4.3% annualized rate in the quarter. That was much higher than the 3.3% expected, a potential sign of continued economic resilience. The shutdown-delayed report also found that consumer spending remained strong over the summer. ((remember -- this is all before the shutdown, which began at midnight October 1. This report covers the period July 1 - September 30, before the shutdown. There may have been accelerated spending prior to the long-anticipated shutdown. See the "Coming up, reports" section below on some reasons given by the media. --progree))
After the release, traders pared bets on a rate cut in January. Markets now price in over 85% odds of the Federal Reserve standing pat, up from 80% a day ago and 75% last week. That said, a plurality of wagers remain on two cuts by the end of next year.
But Tuesday morning's read on December consumer confidence from the Conference Board showed the measure declining for a fifth consecutive month, as consumers' poor economic vibes persist.
Wall Street stocks have rallied back in recent days, after last week's data — including a surprise drop in inflation and lukewarm look at labor market — left bets on 2026 interest-rate cuts mostly intact.
On the corporate front, Novo Nordisk's (NVO) US-listed stock jumped after the Danish drugmaker got official US approval to market its Wegovy weight-loss pill.
Looking ahead, US stock markets will wrap up trading early on Wednesday and be closed all day Thursday for the Christmas holiday.
-----
Scroll down to see earlier in the day reports
And scroll down to the bottom of this post to look at the amazing Oil price graph
See Reply #1 to this thread for last Tuesday's many reports -- the big BLS jobs report, the ADP private payrolls report, and the retail sales report (there are also summaries of these in the "Coming up, reports" section just below.)
========
Coming up, reports (I'm also keeping the Dec 16 - Dec 19 ones for now
https://www.marketwatch.com/economy-politics/calendar
The government reports are all seasonally adjusted, as are most, if not all, of the non-government reports the media covers, so please don't post comments about how the numbers look good (or not as bad as expected) only because of Christmas season hires or Christmas shopping -- seasonal factors like that have been adjusted for
TUE DECEMBER 16:
* The long-delayed big Jobs report (featuring the headline non-farm payroll jobs and unemployment rate) (govt). Expected: +50,000 jobs in November and 4.5% unemployment rate. Actual: -105,000 in October and +64,000 in November for a net drop of jobs over these 2 months of 41,000. Nonfarm payroll jobs averaged only 17k/month over the last 7 months and 22k over the last 3 months. These are seasonally adjusted numbers. The raw numbers (i.e. not seasonally adjusted numbers) are 204k/month and 416k/month respectively.And the unemployment rate is 4.6% in November, up from 4.4% in September. LBN thread: https://www.democraticunderground.com/10143583215
There was not, and never will be a separate October jobs report. The payroll stuff Establishment survey was taken and will be included in the November report (as it was in the Decmber 16 report). The household survey that produces the unemployment rate was not done in October, and so the October unemployment rate will be a blank in the records forever.
* Retail Sales for October (delayed, govt) - result: +0.1% in September and +0.0% in October, in nominal dollars. But in inflation-adjusted dollars, it was -0.2% in September, and will be -0.3% in October if October's month-over-month inflation rates comes in the same as September's 0.3%. https://www.msn.com/en-us/money/markets/retail-sales-flat-in-october-as-uncertainty-tempers-consumer-spending/ar-AA1SsP9b
* S&P flash U.S. services and manufacturing PMI's (non-govt) - I haven't looked at this yet
THUR DECEMBER 18:
* Weekly unemployment insurance claims for the week ending Dec 13 (it was 236,000 for the week ending Dec 6) - In the week ending December 13, the advance figure for seasonally adjusted initial claims was 224,000, a decrease of 13,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 236,000 to 237,000. (govt)
* Consumer price index for November (govt) (note: the one for October was cancelled. The November one was originally scheduled for December 10 before the Fed's rate-setting meeting, but alas was delayed until 8 days after the meeting) - result: 2.7% year-over-year, a cooling from the 3.0% year-over-year reported in the September report, and a 0.2% increase over the last 2 months. LBN thread: https://www.democraticunderground.com/10143584377
FRIDAY DECEMBER 19
* Existing home sales (non-govt) - I haven't looked at yet
* Consumer Sentiment final (non-govt) - here's an article:
https://finance.yahoo.com/news/consumer-sentiment-shows-substantial-decline-from-last-year-amid-higher-prices-tough-job-market-160618145.html
TUESDAY DECEMBER 23
* GDP Q3 first estimate (delayed report, normally released late September). (govt) -- it came in at a 4.3% annualized rate, well above the 3.3% rate economists were expecting. Various factors cited in media: an acceleration of EV purchases prior to the Sept 30 expiration of tax credits. A lot of spending by big tech companies on AI (investment spending boosts the GDP number). A substantial reise in exports (up 8.8% annualized rate) and a small drop in exports -- both these boost the GDP number, Federal spending also played a sizable role, a reflection of the large uptick in defense spending as well as buyouts for federal workers. Also, it reflects the "K-shaped" economy -- higher-income people flush with growing stock market wealth increased their spending, while lesser-income people struggled with higher prices and a weakening job market.
LBN thread: https://www.democraticunderground.com/10143587157 ## From the source: https://www.bea.gov/news/2025/gross-domestic-product-3rd-quarter-2025-initial-estimate-and-corporate-profits
* Consumer Confidence (Conference Board, non-govt) - result: the 5th straight month of decline. The worst since April, and at about the same level as seen in the 2020 pandemic year. Except there is no microbe-driven pandemic, it's all Trumpdemic now. Consumers’ assessments of their current economic situation tumbled 9.5 points to 116.8.
LBN thread (see graph in reply #2) https://www.democraticunderground.com/10143587258
* Durable goods orders - I haven't looked at yet
* Industrial production and capacity utilization - I haven't looked at yet
WEDNESDAY DECEMBER 24
* Weekly unemployment insurance claims - 224,000 was reported December 18. So we'll see what the new number is today (govt)
NO REPORTS DECEMBER 25 NOR DECEMBER 26
Revised release dates for Bureau of Labor Statistics reports: https://www.bls.gov/bls/2025-lapse-revised-release-dates.htm
=============================================
The S&P 500 closed Tuesday December 23 at 6910, up 0.5% for the day,
and up 19.5% from the 5783 election day closing level,
and up 15.2% from the inauguration eve closing level,
and up 17.5% year-to-date (since the December 31 close)
and UP 0.3% from its recent October 28 high. It set a new high December 23.
S&P 500
# Election day close (11/5/24) 5783
# Last close before inauguration day: (1/17/25): 5997
# 2024 year-end close (12/31/24): 5882
# Trump II era low point (going all the way back to election day Nov5): 4983 on April 8
# October 28 all-time-high: 6890.90, surpassed by today, December 23's all-time high of 6910.00
# Several market indexes: https://finance.yahoo.com/
# S&P 500: https://finance.yahoo.com/quote/%5EGSPC/
https://finance.yahoo.com/quote/%5EGSPC/history/
Bitcoin
Bitcoin ended 2024 at $93,429. https://finance.yahoo.com/quote/BTC-USD/
Bitcoin's all-time interday high: 126,198 on Oct. 6
Bitcoin's all-time closing high: 124,753 on Oct 6.
https://finance.yahoo.com/quote/BTC-USD/history/
========================================================
I'm not a fan of the DOW as it is a cherry-picked collection of just 30 stocks that are price-weighted, which is silly. It's as asinine as judging consumer price inflation by picking 30 blue chip consumer items, and weighting them according to their prices. But since there is an automatically updating embedded graphic, here it is. It takes several, like 6 hours, after the close for it to update, like about 10 PM EDT.
(If it still isn't updated, try right-clicking on it and opening in a new tab. #OR# click on https://finance.yahoo.com/quote/%5EDJI/ ).
The Dow closed Monday at 48,363, and it closed Tuesday at 48,442, a rise of 0.2% (80 points) for the day
https://finance.yahoo.com/
DOW: https://finance.yahoo.com/quote/%5EDJI/
. . . . . . https://finance.yahoo.com/quote/%5EDJI/history/
DOW
# Election day close (11/5/24) 42,222
# Last close before inauguration day: (1/17/25): 43,488
# 2024 year-end close (12/31/24): 42,544
DJIA means Dow Jones Industrials Average. It takes about 6 hours after the close to update, so check it after 10 PM EDT. Sometimes it takes a couple days (sigh)
I don't have an embeddable graph for the S&P 500, unfortunately, but to see its graph, click on https://finance.yahoo.com/quote/%5EGSPC/
While I'm at it, I might as well show Oil and the Dollar:
Crude Oil
US Dollar Index (DX-Y.NYB)
If you see a tiny graphics square above and no graph, right click on the square and choose "load image". There should be a total of 3 graphs. And remember that it typically takes about 6 hours after the close before these graphs update.
🚨 ❤️ 😬! 😱 < - - emoticon library for future uses
19 replies
= new reply since forum marked as read
= new reply since forum marked as read
I look at it often. 
If I had a nickel for every time I’d said that. 
I am far from liking anything about crypto. I try to avoid things that are easy to buy and difficult to sell. I do monitor it, tho. Due to its position in the techbro’s DOW -> AI -> Crypto financial ouroboros.