North American Morning Briefing : Stocks Steady Ahead of Delayed GDP Data

OPENING CALL Stock futures were muted ahead of a slew of economic data in holiday-thinned trade. “The stock market is finally starting to eke out some gains for December after a choppy few weeks,” Granite Bay Wealth Management said. “Low volume and an absence of bad news should keep the Santa Claus rally alive and well for the rest of 2025.” Investors are turning their attention to the shutdown-delayed third-quarter GDP report to be released today. Economists polled by The Wall Street Journal expect to see growth slowing to a still-strong 3.2% rate, from 3.8% in the second quarter. Fresh…