US Stock Market Today (Dec. 23, 2025, 1:37 p.m. ET): S&P 500 Holds Near Records as GDP Surprises, Fed-Cut Bets Shift
NEW YORK — December 23, 2025 (1:37 p.m. ET) — U.S. stocks are grinding higher in thin, pre-holiday trading, with the S&P 500 hovering just below record territory as investors weigh a stronger-than-expected GDP update against sticky inflation signals and a drop in consumer confidence. The tone is upbeat but cautious: megacap tech is doing much of the lifting, while rising Treasury yields after the GDP print keeps the market from breaking out decisively. Where the major U.S. indexes stand at 1:37 p.m. ET As of about 1:37 p.m. Eastern, the market was modestly higher: Across other key markets, investors