The Nasdaq led US stock futures higher on Monday, with Nasdaq 100 contracts up 0.5% and S&P 500 contracts up 0.3%. Dow Jones held flat, eyeing a third straight day of gains, fueled by recovery in tech stocks and positive news for Oracle and Nvidia.

Investors are optimistic about the AI trade as tech stocks rebound, with Oracle and Nvidia leading the way. Debate ensues on whether AI names can sustain momentum for a potential Santa Claus rally in the final seven sessions of the year, as stocks sit within 3% of record highs.

US stock markets will close early on Wednesday for the holidays and remain closed all of Thursday for Christmas Day. Stay tuned for more stock market coverage on Monday, December 22, 2025.

Read more at Yahoo Finance: Nasdaq, S&P 500, Dow rise as Wall Street counts chances of a ‘Santa Claus’ rally