Stock Market Today: S&P 500 Hits Record High Ahead of Christmas

Today's onslaught of economic reports included the latest updates on inflation and consumer spending.

stock chart going up
(Image credit: Getty Images)

Stocks suffered steep losses to start Christmas week, but a three-day recovery put one of the major benchmarks in record-high territory ahead of the long holiday weekend. (As a reminder, Christmas Eve is a full-day stock market holiday this year.)

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.