Morning Dose #184: Surging GDP Sparks Stock Surge – Wednesday 12/24/2025
Key takeaways
- Market sentiment appears calm but underpinned by strong economic data; traders advised to be cautious with low volume conditions. Focus on tech and financial sectors, and watch for any surprises in economic data.
- Remember, market closes early at 1:00 p.m. ET – trade wisely to avoid being caught in illiquid conditions.
- Thank you for tuning in to The Morning Dose. Merry Christmas and Happy Holidays, everyone!
Morning Dose: Surging GDP Sparks Stock Surge
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood
Welcome to The Morning Dose – Everything You Need to Know Before the Market Opens. It is officially Christmas Eve, December 24th, 2025. The markets are open, but the clock is ticking on a shortened session.
Overnight Headlines
- S&P 500 closed at a record 6,909.
- Futures are pointing to a flat open with early market closure at 1:00 p.m. ET.
Economic Announcements
Q3 GDP reading reported at 4.3 percent, beating expectations of 3.0 percent, possibly impacting near-term rate cut expectations.
Weekly Initial Claims data expected to drop at 8:30 a.m. ET; watch for surprises.
Earnings Highlights
- Blackstone expects Q4 revenues and investment income to exceed 10 billion dollars.
- BP nearing a deal to sell a majority stake in Castrol to Stonepeak.
- Snowflake in talks to acquire Observe.
- Nike sees insider buying from Tim Cook, leading to a 2.3 percent gap up.
Top Movers
Risk-on rotation observed with strength in Financials (XLF) and Tech (XLK), lagging Utilities and Energy sectors.
Quick Trade Ideas
SPY technicals show a consolidating pattern with key support at 680 and resistance at 695. Watch for volatility spikes with VXX.
Avoid forcing trades due to low volume; watch out for quick profits and potential resistance level at 695.