Wall Street gains ground as 2025 approaches end

US stock indexes rose during Monday’s trading as 2025 approaches its end, alongside a shortened trading week due to the Christmas holiday.

Wall Street’s stock and bond markets are set to close this coming Thursday, as the United States and several countries around the world observe the Christmas holiday.

Analysts are monitoring market behavior in the final days of the year due to the impact of the so-called “Santa Claus rally,” a phenomenon that typically sees stock markets rise.

In market trading, the Dow Jones Industrial Average rose 0.6%, or 288 points, to 48,420 as of 17:48 GMT. The broader S&P 500 gained 0.6%, or 42 points, to 6,877, while the Nasdaq Composite advanced 0.5%, or 125 points, to 23,433.