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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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China Engages WHO Amid Rising HMPV Cases




The Chinese Foreign Ministry confirmed on Friday that it has been in close communication with the World Health Organization (WHO) regarding the recent surge in human metapneumovirus (HMPV) cases. The Chinese government emphasized its commitment to public health, both for its citizens and foreign nationals within the country.

HMPV, a respiratory virus that has been circulating in humans for over 60 years, typically causes symptoms similar to the common cold or flu. According to the latest report from China's Center for Disease Control and Prevention (CDC), HMPV cases remain high, aligning with trends observed in other parts of the northern hemisphere.

Despite the rise in cases, the Chinese government reassured the public that HMPV is not a new or unknown virus. "It is alarmist to exaggerate common viruses as unknown viruses, which goes against scientific common sense," stated Guo Jiakun, a foreign ministry spokesperson.

The WHO has also been in contact with Chinese health officials and has not received any reports of unusual outbreak patterns. Both organizations continue to monitor the situation closely, ensuring that appropriate measures are in place to manage the spread of respiratory diseases.



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