Market Recap: December 23, 2025
Riding Bulls
Canada’s TSX Composite slipped early in the week but rebounded Thursday & Friday after U.S. inflation data stoked expectations for earlier rate cuts, finishing around 31,814—up 0.9 % for the week. A mix of rate-sensitive sectors drove the recovery.
On Wall Street, the S&P 500 posted a weekly decline of nearly 2% earlier in the week, dragged down by profit-taking in tech and AI stocks. But sentiment turned positive late in the week. A cooler-than-expected inflation report for November helped erase losses. The Federal Reserve has signaled only one more cut in 2026.
In Europe, the Euro Stoxx 50 hit a record high of 5760 today, up .7% for the week.
Oil prices continued to weaken, giving up 1.00 to 56.65. Gold was flat, up $30 to $4,330. And Bitcoin fell to 86, 143 down 4% for the week.
Stay bullish, stay curious and watch for stampedes.
Merry Christmas everyone!
David B Caseley, CIM
Portfolio Manager
Caseley Wealth Management
David Caseley : 780-414-2574
David Reavie : 780-414-2532
david.caseley@raymondjames.ca
www.ridingbulls.ca
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