On December 20, 2025, the S&P 500 Index rose by 0.06%, while the Dow Jones Industrial Average decreased by 0.07%, and the Nasdaq 100 gained 0.03%. Key factors influencing the market included a stronger-than-expected Q3 US GDP growth of 4.3%, exceeding forecasts of 3.3%.
The Conference Board reported a decline in US consumer confidence for December, dropping to 89.1 from November’s revised 92.9. Additionally, October durable goods orders fell by 2.2%, against expectations of a 1.5% drop, while core capital goods orders increased by 0.5%, surpassing the 0.3% forecast. The market is now pricing a 13% chance for a 25 basis point rate cut at the upcoming FOMC meeting on January 28, down from 20% earlier in the week.
