Particle.news
Download on the App Store
90 ARTICLES
·
last wk.

S&P 500 Closes at Record as Strong 4.3% U.S. GDP Lifts Yields and Resets Fed-Cut Odds

The stronger reading pushed investors to scale back expectations for a January Fed cut, sending Treasury yields higher.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 17, 2025. REUTERS/Brendan McDermid
People walk past the New York Stock Exchange Christmas Tree outside of the NYSE in New York, U.S., December 11, 2025. REUTERS/Jeenah Moon
Image
Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo

Overview

  • U.S. GDP grew at a 4.3% annualized pace in the third quarter, topping the roughly 3.3% forecast, with the Fed’s preferred PCE inflation gauge running at about 2.8%.
  • Treasury yields rose following the data, with the 10-year near 4.2%, and market pricing showed a lower probability of a January rate cut while still anticipating easing later in 2026.
  • The S&P 500 finished at an all-time high as large-cap growth and AI-linked stocks led gains, though trading volumes were light in the holiday-shortened week.
  • Gold and silver set fresh records—gold above $4,500 an ounce and silver near $70—while oil held gains after U.S. actions targeting Venezuela-linked tankers.
  • Novo Nordisk shares jumped after U.S. regulators approved a daily oral version of Wegovy, strengthening its position in the fast-growing obesity drug market.