The US S&P 500 index closed at a record high of 6,909 points, up 0.46%, driven by GDP data showing 4.3% annualized growth in the third quarter. This news reversed early losses in Wall Street and Europe, where the Ibex 35 rose 0.14% to 17,182.8 points. Optimism also boosted the Nasdaq, which gained 0.57% to 23,561 points, led by Nvidia.
The US stock market celebrated strong macroeconomic data with the S&P 500 reaching a new record on Tuesday, surpassing the 6,901 points set on December 11. The third-quarter GDP growth in the US exceeded analyst expectations, leading to a reversal of initial downward trends in the session.
In Europe, indices closed with moderate gains. The Stoxx 600 rose 0.2%, while the Ibex 35 increased 0.14%, ending at 17,182.8 points. Solaria stood out, gaining 2.5% due to its plan to invest 2.5 billion euros in technology from 2026 to 2028, according to XTB experts. In contrast, Ferrovial declined 1.52%, though it has accumulated 36% gains in 2025.
In Wall Street, Nvidia led the charge, rising 3% in the session and 40% year-to-date. The Nasdaq closed at 23,561 points. Michael Reynolds, investment director at Glenmede, told Bloomberg: “As attention shifts to the next year, the outlook for US economic growth looks promising. The combination of tariff policy, fiscal stimulus, labor market changes, AI-linked productivity, and potential deregulation points to above-trend growth in 2026”.
Other markets echoed this confidence: the 10-year Treasury yield settled at 4.167%, and the euro moderated its advance against the dollar to 1.175 units. In Europe, Novo Nordisk surged 9.2% after FDA approval for its weight-loss pill, despite a 50% annual decline due to competition in obesity and diabetes treatments.
With only four sessions left until year-end, investors eye 2026 with optimism.
