Dow Jones Industrial Average Holds Record Close as Wall Street Closes for Christmas: DJIA Santa Rally Watch, Fed Rate-Cut Bets, and 2026 Outlook
The Dow Jones Industrial Average closed at a record 48,731.16 on Wednesday, up 288.75 points, before U.S. markets shut for Christmas. Trading volumes were thin at 7.61 billion shares. Financials led gains, while energy lagged. Markets resume Friday after the holiday.