Stock Market Update
05-Jan-26 15:35 ET
Major averages firmly higher jsut before closing bell
Dow +657.86
at 49040.04,
Nasdaq +170.10
at 23405.76,
S&P +48.45
at 6906.91
[BRIEFING.COM] The stock market looks to start the first full trading week of the year and end the "Santa Claus rally" period on a high note as the major averages sit firmly higher just before the close.
Currently the S&P 500 sits just below the level needed to end the Santa Claus rally with a slight gain, as the action over the past two weeks has been muted, low volume, and devoid of any catalysts.
While investors still largely await the next market-wide driver, today's session has seen a return to more normal volume levels and a smattering of sector and individual moves tied to geopolitical and corporate headlines.
