Stocks Set to Achieve Rare Christmas Milestone
Large-cap stocks are approaching a significant milestone that has eluded them for over a decade. Currently, the S&P 500 index is experiencing a rise of 0.2%. If this trend continues until the market closes at 1 p.m. Eastern time, it will mark the index’s 39th new high for 2025.
Historical Context of the S&P 500
Celebrating a potential achievement, this would be the first time since December 24, 2013, that the benchmark index recorded a record close on Christmas Eve. This event highlights the strength and consistency of the S&P 500’s performance throughout the year.
Significance of Recent Gains
- Current index rise: 0.2%
- Potential new highs: 39th of 2025
- Last record close on Christmas Eve: December 24, 2013
The S&P 500’s upcoming milestone is a testament to the resilience of the market, even during traditionally quieter periods. Such achievements indicate a robust economic environment and strong investor confidence.
