US Stocks Hit New Highs, Santa Claus Rally in Full Swing
Update: 2025-12-24
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US stocks hit new highs, capping off a strong run into Christmas, with the Dow Jones Industrial Average leading the charge. The S&P 500 and Nasdaq Composite also closed at record levels. Despite upbeat economic data, investors still see a chance for Federal Reserve rate cuts in January. Jobless claims dropped, indicating a resilient job market, while gold and silver hit record highs. Intel shares dipped slightly after Nvidia paused testing on Intels advanced chip fabrication process. Wall Street heads into the new year on a high note.
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