US stock indexes closed higher in Wednesday's shortened trading session (December 24), maintaining strong momentum from this week amid expectations that the current economic backdrop continues to support earnings prospects for the coming year.
The S&P 500 rose 0.4% and the Dow jumped 0.7%, both hitting record highs, while the Nasdaq 100 gained 0.3%. Yesterday's third-quarter GDP data was well above expectations for a 4.3% annual expansion, reflecting strong private consumption and curbing concerns that tariffs are hampering spending or fueling a surge in inflation. Meanwhile, initial jobless claims fell and outstanding claims surged, extending views of low hiring and firings in a fragmented labor market.
Tech giants underperformed but maintained their momentum from this week despite lingering concerns about excessive AI capital spending. However, Intel fell 0.5% on reports that Nvidia halted trials that would have used Intel equipment for advanced chips. (alg)
Source: Trading Economics
Asian stock markets opened with limited movement on Wednesday morning (December 31, 2025), ahead of the year's close. Most indices moved slightly and without a clear direction, reflecting the cautious...
US stocks maintained their sluggish momentum on Tuesday afternoon, expected to close the year relatively close to recent record highs as the market assessed the prospects for strong economic growth an...
European stocks picked up steam on Tuesday, extending gains to notch a fresh record high. The pan-European Stoxx 600 index provisionally closed 0.7% higher, having earlier broken through 590 points t...
US stocks held their muted momentum on Tuesday, set to close the year relatively near recent record highs as markets assessed the outlook of robust economic growth and rate cuts by the Fed against con...
Asia-Pacific stock markets mostly fell on Tuesday, as the final days of the year approached. Pressure came from Wall Street, where a sell-off in technology stocks continued due to investor concerns ab...
Silver prices fell to around $72 per ounce on Wednesday, December 31, 2025, as the year drew to a close. Price movements were limited due to thin trading volumes due to the New Year holiday, while investors preferred to await global market...
The Hang Seng Tech Index fell 1% to 5,521, indicating renewed pressure on Hong Kong technology stocks in the latest trading session. This decline reflects a more cautious sentiment towards the technology sector, as the index's movement was...
Silver prices traded steadily on Wednesday, December 31, 2025, as the year draws to a close. Price movements tended to be limited as many investors opted to hold off amid low liquidity and a relatively quiet market due to the New Year holiday. The...
Global stocks held near record levels, while silver briefly hit a new peak before breaking its closing high amid quiet holiday trading. Asian stock...
President Donald Trump held a phone call with Russian President Vladimir Putin on Monday to discuss efforts to end the war in Ukraine, according to...
President Donald Trump said the US attacked a facility inside Venezuela, which would be a significant escalation in his campaign against alleged...
Tensions between Iran and Israel have escalated again after a series of military escalations involving airstrikes and missile retaliation. Iranian...