Happy Monday. Today marks the beginning of the last full trading week of 2025 -- and perhaps the longest week of the year. Most of America has one foot in the office and another out the door for the holidays.
In some regard, that seems to be the market's attitude today. After reaching record highs last week, markets started the day on strong footing, before sliding into decline. At last glance, the Russell 2000 (-0.61%) and Nasdaq (-0.46%) were facing some of the steeper declines, led by the technology, energy, and communication service sector.
The S&P 500 (-0.2%) and Dow (-0.20%), by contrast, have been able to avoid some of the tech-aches, thanks to some showings from financials, consumer durables, and industrials. However, not enough to avoid a decline today.
Monday reading:
There's still plenty of time left in 2025 for new highs, though. This week will be a big one for economic data as payrolls, inflation, and jobless claims are due out this week. The UM Consumer Sentiment index, due out on Friday, will also provide a soft data 'gut check' on consumers' views of the economy.
Plus, we'll have a few more earnings reports on deck in Micron Technology, Accenture, and Nike -- all of which should make for engaging entertainment for traders watching the sand tick out of the hourglass that is 2025.
-- Noah Weidner, markets reporter
TurboTax Via TheStreet:
