Stocks were choppy in the second-to-last trading day of 2025 as market participants took in the final economic reports of the year. The main indexes eventually finished lower for a third straight day, which spells trouble for this year's Santa Claus Rally.
At the close, the blue-chip Dow Jones Industrial Average was 0.2% lower at 48,367 and the tech-heavy Nasdaq Composite was down 0.2% at 23,419. The broader S&P 500 was off 0.1% at 6,896.
