Hi there,

🎄 A Christmas Message from Share Navigator

On behalf of everyone here at Share Navigator, we would like to wish you and your family a very Merry Christmas and a happy, peaceful holiday season. We hope you enjoy the well-deserved break and look forward to navigating the markets with you in the New Year!

Market Review for Tuesday, December 23, 2025

Overview: Major stock indexes ended higher for a fourth straight session after delayed third-quarter GDP figures smashed expectations, showing an annualized growth rate of 4.3% (vs. the 3.2% forecast). This "Goldilocks" data—strong growth alongside moderating inflation—pushed the S&P 500 to a new all-time closing high.

📈 Major Indices

• S&P 500: Rose +0.5%, setting a new record closing high.
• Nasdaq Composite: Gained +0.6%, led by continued strength in mega-cap tech and semi-conductors.
• Dow Jones Industrial Average: Added +0.2%, supported by industrial and healthcare giants.

🏛️ Bonds, FX & Commodities

• US 10-Year Yield: Remained relatively stable, closing near 4.17%, as the strong GDP data was balanced by cooling inflation expectations.
• US Dollar Index (DXY): Fell -0.4% to 97.90, helping boost dollar-denominated assets.
• Gold: Rose +1.0% to hit another all-time high of $4,515 per ounce.
• Silver: Set a record for the second day in a row, surging over +4% to $71.60.
• WTI Crude Oil: Tacked on +0.8% to settle at $58.45 per barrel, continuing its five-day winning streak on geopolitical risks.

📊 Specific Stock Performance

• NVO (Novo Nordisk ADR): Surged +7.3% ($51.61). The star of the session, NVO soared after the FDA approved its Wegovy weight-loss pill, a major milestone for the company.
• GOOGL (Alphabet Inc.): Up +1.9%. Gained as tech stocks saw broad institutional inflows following the GDP beat.
• META (Meta Platforms): Up +1.5%. Continued its ascent, benefiting from the broader "risk-on" sentiment in communications and AI.
• FLTR.L (Flutter Entertainment): Up +0.92% (16,595.00p). Saw positive movement in the London session, tracking the global lift in consumer discretionary names.
• ALK (Alaska Air Group): Up +1.1%. Benefited from the strong GDP data, which suggests robust travel demand heading into 2026.
• PFE (Pfizer Inc.): Down -0.4%. Underperformed slightly as investors rotated out of mature pharma into high-growth biotech and NVO.
• STZ (Constellation Brands): Down -0.8%. Remained under pressure as consumer staples continue to lag the high-flying tech and growth sectors.

Stock Market opening hours:
The US stock market will have a shortened session today, Wednesday, December 24, closing early at 1:00 PM ET.

The markets are CLOSED tomorrow, Thursday, December 25, for Christmas Day.

They will reopen for a full session on Friday, December 26.

📞 Strategy Call Assistance

If you require assistance with trade setup, risk management, or strategy review, please schedule a strategy call.

• PREMIUM Plan Members: Strategy calls are included in your plan.
• All Other Members: Strategy calls can be scheduled at a rate of €100 per half hour.

Happy Investing

Share Navigator Support

www.sharenavigator.ie