The stock market is about to begin the final month of 2025 on the back of a strong uptrend that has raised hopes the typical year-end “Santa Claus rally” is starting early this season.

Meanwhile, the coming week could see President Donald Trump nominate a successor to Federal Reserve Chairman Jerome Powell, and a special election in Tennessee could further narrow the GOP’s House majority.

Futures tied to the Dow Jones industrial average fell 48 points on Sunday, or 0.1%. S&P 500 futures were down 0.13%, and Nasdaq futures slipped 0.12%.

The yield on the 10-year Treasury rose 1.3 basis points to 4.032%. The U.S. dollar was down 0.04% against the euro and down 0.15% against the yen.

Gold rose 0.1% to $4,259.50 per ounce. U.S. oil futures climbed 1.55% to $59.46 a barrel, and bitcoin dipp

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