Merchants work on the ground of the New York Inventory Change (NYSE) in New York, US, on Monday, Dec. 22, 2025.
Michael Nagle | Bloomberg | Getty Photographs
The S&P 500 rose on Monday, supported by an increase in synthetic intelligence names, to start out a shortened vacation week.
The broad market index gained 0.64% to achieve 6,878.49, posting its third optimistic day in a row. The Dow Jones Industrial Common superior 227.79 factors, or 0.47% to complete at 48,362.68. The Nasdaq Composite climbed 0.52% to 23,428.83.
Key shares linked to synthetic intelligence provided a lift to the broader market. Nvidia shares moved greater by greater than 1% after Reuters mentioned the corporate is trying to start shipments of its H200 chips to China by mid-February. In the meantime, Micron Know-how grew round 4%, whereas Oracle superior greater than 3%.
Wall Avenue is coming off a blended week for the most important averages. A late-week surge in tech shares helped elevate the S&P 500 and Nasdaq Composite to their third optimistic week in 4. The 30-stock Dow, which has outperformed this month, snapped a three-week profitable streak.
Nonetheless, buyers are watching to see whether or not AI shares can retain their management heading into the year-end, particularly as buyers rotate into cheaper elements of the market amid considerations about lofty tech valuations. There’s additionally doubt about whether or not a Santa Claus rally will materialize, because the S&P 500 struggles to carry a key technical degree.
“From a market perspective, there’s not an entire bunch of issues which can be going to maneuver it, for my part, so all people is, rightfully so, searching for the Santa Claus rally,” Will McGough, deputy chief funding officer at Prime Capital Monetary, mentioned to CNBC.
He added that he is watching to see what degree the markets finish at, particularly with the S&P 500 nearing the 7,000 degree. At present, the index has jumped about 17% in 2025. That is after it recorded a achieve of greater than 24% and greater than 23% in 2023 and 2024, respectively.
With the index near scoring a three-peat of 20% good points, which might be a “fairly uncommon” transfer, McGough mentioned that he’s “constructively optimistic” available on the market for subsequent 12 months however that buyers ought to brace for some volatility.
“The market is forecasting like 14% earnings development for 2026-2027, which is an enormous quantity,” the deputy CIO mentioned. “There’s going to be hiccups alongside the best way,” he continued, citing a brand new Federal Reserve chair and the midterm elections as potential catalysts for turbulence.
The New York Inventory Change will shut early on Wednesday at 1 p.m. ET on Christmas Eve and shall be closed Thursday for Christmas Day.