Watch FIFA World Cup 2026™ LIVE, FREE and EXCLUSIVE

US economy expands more than expected as local ASX Santa rally hits snag

A model of a Christmas tree on a sleigh.

The ASX has ended the Christmas Eve session lower ahead of a four-day trading shutdown. Source: Getty

SBS On the Money
View Podcast Series
Download the SBS Audio appAvailable on iOS and Android

SBS Finance Editor Ricardo Gonçalves speaks with Mathan Somasundram from Deep Data Analytics about the better than expected US GDP result and what it means for interest rates, plus a look ahead to 2026 on the markets.

Listen to Australian and world news and follow trending topics with SBS News Podcasts.

Share

Latest podcast episodes

OTM - Generic 1 (Getty).jpg
OTM - Petrol prices (Getty).jpg
OTM - airport, travel, tourism, aircraft, airlines (SBS).jpg
On the Money - Petrol prices (Getty).jpg

Recommended for you

A composite image divided into two main sections. On the left, a cutout of Donald Trump and Benjamin Netanyahu shaking hands is layered over a background showing a poster of Netanyahu being burned. In the burning poster, text is partially visible, including the word “TERRORIST.“ On the right, a large Iranian flag flies prominently on a flagpole overlooking a dense, hazy urban cityscape with light-colored buildings stretching toward distant mountains. The two sides of the image are stylistically distinct, contrasting the political alliance of the leaders with the regional opposition and the landscape of Iran.
Glenn McNamara, a middle-aged white man wearing a black t-shirt and cap, leaning on a neon-lit bar.
A graphic depicting Anthony Albanese and AFP Commissioner Krissy Barrett in front of a red-hued background that includes Australia's Parliament House and an Australian flag.
A woman in a hijab looking to the side
A composite image shows mostly empty grocery store refrigerator shelves with a customer notice stating that increased demand has caused supply shortages for some yoghurt products.
A grey-haired man gestures with his hand. With two canadian flags blurry in the background.
An illustration of an older woman holding a large coin, standing next to an older man, who rests his hand on another oversized coin positioned atop a stack of coins. The couple stands in front of a backdrop of residential buildings
A reddish moon during a total lunar eclipse in the night sky.

Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world