--- title: "U.S. Stocks: S&P 500 Hits New High Again, Dow Jones Rises 288 Points to Set New Closing Record" description: "U.S. stocks closed early on Wednesday, with the S&P 500 Index and the Dow Jones Industrial Average both reaching all-time highs. The S&P 500 Index rose by 22 points to 6,932 points, and the Dow Jones " type: "news" locale: "en" url: "https://longbridge.com/en/news/270747292.md" published_at: "2025-12-24T18:03:21.000Z" --- # U.S. Stocks: S&P 500 Hits New High Again, Dow Jones Rises 288 Points to Set New Closing Record > U.S. stocks closed early on Wednesday, with the S&P 500 Index and the Dow Jones Industrial Average both reaching all-time highs. The S&P 500 Index rose by 22 points to 6,932 points, and the Dow Jones increased by 288 points to 48,731 points. The Nasdaq rose by 51 points to 23,613 points. Nike's stock price increased by 4.6%, and Apple CEO Tim Cook purchased $3 million worth of Nike shares. Micron Tech and Citigroup's stock prices rose by 3.8% and 1.8%, respectively. NVIDIA suspended Intel's mass production testing, with both stocks falling by less than 1% U.S. stocks closed early on Wednesday and rebounded again, with the S&P 500 index rising to a record high and setting a new closing record. The U.S. stock market will be closed on Thursday for Christmas. The S&P 500 index rose 22 points or 0.3% to close at 6,932 points; the Dow Jones Industrial Average rose 288 points or 0.6% to close at 48,731 points, also setting a new closing high; the Nasdaq rose 51 points or 0.2% to close at 23,613 points. In terms of individual stocks, Nike (NKE.US) was one of the notable gainers, with its stock price rising 4.6%. Documents showed that Apple CEO Tim Cook disclosed he had purchased $3 million worth of Nike shares. Micron Technology (MU.US) and Citigroup (C.US) also showed strength, with stock prices rising 3.8% and 1.8%, respectively, reaching new highs during the trading session. According to reports, NVIDIA (NVDA.US) has suspended mass production testing of Intel (INTC.US), with both stocks falling less than 1% ### Related Stocks - [MU.US - Micron Tech](https://longbridge.com/en/quote/MU.US.md) - [AAPL.US - Apple](https://longbridge.com/en/quote/AAPL.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | US FTC raises concerns over accusations Apple News favors articles from left-wing outlets | The U.S. Federal Trade Commission (FTC) has expressed concerns to Apple regarding allegations that Apple News favors lef | [Link](https://longbridge.com/en/news/275687492.md) | | Broad Liquidation Sends S&P and NQ Into Key Support | Broad Liquidation Sends S&P and NQ Into Key Support | [Link](https://longbridge.com/en/news/275919958.md) | | Soros Fund Management Cuts Share Stake in Alphabet, Raises Share Stake in Apple, Uber | Soros Fund Management has made significant changes to its investment portfolio, as reported in SEC filings. The firm has | [Link](https://longbridge.com/en/news/275951677.md) | | Samsung says it's first to ship HBM4, a day after Micron revealed its own sales | Samsung and Micron have both started shipping HBM4 memory, essential for next-gen AI hardware. Samsung claims to be the | [Link](https://longbridge.com/en/news/275846425.md) | | Apple and Google agree app store changes to appease UK regulator | Apple and Google have agreed to changes in their app stores to enhance fairness and transparency for developers, as per | [Link](https://longbridge.com/en/news/275444143.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.