Dow Jones Today (Dec. 23, 2025): DJIA Near 48,500 as GDP Surprise Shifts Fed-Cut Bets and the Holiday Rally Extends
Update: Dec. 23, 2025 | Around 1:37 p.m. ET The Dow Jones Industrial Average (DJIA) stayed in striking distance of recent highs on Tuesday as investors digested a stronger-than-expected (but delayed) U.S. GDP report, a fresh drop in consumer confidence, and shifting expectations for Federal Reserve rate cuts in 2026—against a backdrop of thinning liquidity in a holiday-shortened week. As of 1:39 p.m. ET, the Dow hovered at 48,497.85, up 135.17 points (+0.28%). The S&P 500 was also higher at 6,904.99 (+0.39%), while the Nasdaq Composite rose to 23,530.35 (+0.43%). The Dow’s day range so far: 48,254.31 to 48,527.50, with