The S&P 500 rose to a fresh all-time intraday high on Friday morning, with the broad-based index gaining 0.2% to reach 6,945.77, as Wall Street looks to extend the traditional "Santa Claus" rally into the year's final trading days.
The Nasdaq has led gains with an impressive rise of over 20% in 2025, despite briefly entering bear market territory after President Trump imposed sweeping tariffs in April. December 26 has historically been the most consistently positive trading day of the year for the S&P 500, according to research from Bespoke Investment Group.
Technology stocks continued their strong performance, with Micron Technology and SanDisk shares rising after reports that Samsung Electronics and SK Hynix are raising prices for their fifth-generation high-bandwidth memory chips by nearly 20% for 2026 deliveries. Nvidia shares also inched higher following confirmation of a licensing deal with AI chip startup Groq.
Market analysts remain optimistic about the year-end performance, with many expecting the positive momentum to continue through the final trading sessions of 2025.
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