New Delhi, Dec. 24 -- Stronger-than-expected GDP growth and strategic semiconductor tariff postponement fuel pre-Christmas market euphoria as investors dismiss Federal Reserve rate cut concerns heading into 2025

The confluence of stronger-than-expected economic expansion, trade policy flexibility, and corporate dealmaking fueled investor optimism despite Federal Reserve signals that interest rate cuts may slow considerably in the coming months. Wall Street's benchmark index climbed to an all-time intraday high of 6,921.42 points before closing at a record 6,909.79, capping one of the most resilient market years in recent history.

Economic Expansion Exceeds Forecasts

The Commerce Department's revised gross domestic product figures revea...