Stock market today: Nasdaq, S&P 500, Dow futures rise as tech recovers, while gold climbs to record high
Yahoo Finance·2025-12-22 10:09

Market Overview - The Nasdaq led US stock futures higher, with contracts on the Nasdaq 100 adding 0.5% and S&P 500 up 0.3%, as Wall Street anticipates a year-end rally [1] - Major US stock indices are within 3% of their record highs, following a surprise drop in inflation and lukewarm labor market data [3] Technology Sector - Tech stocks are recovering from volatility, driven by positive news from Oracle and Nvidia, as investors balance concerns over an AI bubble with the fear of missing out on the AI boom [2] - The AI investment boom is expected to continue influencing market volatility, with strategists predicting potential declines exceeding 10% but with rapid recoveries [16] Commodities - Gold and silver reached all-time highs due to rising geopolitical tensions and expectations of further US interest rate cuts, with gold surpassing $4,381 an ounce and silver nearing $70 an ounce [17][18] - The US has intensified its blockade against Venezuela, contributing to the rise in gold and silver prices as they are seen as safe-haven assets [19] Oil Market - Brent crude rose to around $61 a barrel amid increased US pressure on Venezuela, with the Coast Guard boarding a tanker carrying approximately 2 million barrels of Venezuelan crude [6][7] - Geopolitical tensions, including Ukraine's attack on a Russian oil tanker, have also contributed to a floor under oil prices, which have dropped by about 20% this year due to oversupply [9][8] Company News - Clearwater Analytics shares rose 7% following a buyout deal valued at approximately $8.4 billion, led by private equity firms Permira and Warburg Pincus [20]