Stock Market Today: Dow, S&P 500, Nasdaq Set to Open Down on Christmas Eve; Nvidia, DJT, Tesla, Oracle, More Movers

Stocks were on pace to open a touch lower in thin trading on Wednesday. It could be a quiet session on Wall Street, with the stock market set to close at 1 p.m. Eastern time to mark Christmas Eve.

Futures tracking the Dow Jones Industrial Average slid 47 points, or 0.1%. S&P 500 futures and contracts tied to the tech-heavy Nasdaq 100 were also 0.1% lower.

All three major indexes racked up gains on Tuesday, with the S&P 500 marking its 38th record close of 2025 following a blowout third-quarter GDP report. But only 3.82 billion shares traded on the New York Stock Exchange–the lowest volume day since Jan. 3, according to Dow Jones Market Data.

Volumes could be low again on Wednesday ahead of the festive holiday period, although today’s session marks the start of the so-called Santa Rally period, the final five trading days in a calendar year through the first two trading days of the next one. The period has typically coincided with strong gains for equities.

The yield on the 10-year Treasury note was flat at 4.17% on Wednesday. The dollar was unchanged against a weighted basket of its peers. Gold futures ticked up 0.1% to $4,511 an ounce, and large-cap cryptocurrency Bitcoin slid 0.7% over the past 24 hours to $86,833.