The S&P 500 could hit 7,000 this week, while Trump hints at a Fed chair pick and Washington eyes this special election

The S&P 500 could hit 7,000 this week, while Trump hints at a Fed chair pick and Washington eyes this special election

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 …