白银，暴跌

Market Overview - On December 31, 2025, U.S. stock indices closed lower, marking the end of the trading year with the Dow Jones down 0.63% at 48,063.29 points, the S&P 500 down 0.74% at 6,845.5 points, and the Nasdaq down 0.76% at 23,241.99 points, all recording four consecutive declines [1] - For the entire year of 2025, the Dow Jones increased by 12.97%, the S&P 500 by 16.39%, and the Nasdaq by 20.36%, achieving three consecutive annual gains [1] Silver Market - On December 31, precious metals experienced a significant pullback, with New York silver futures dropping by 8.91% and London silver spot prices falling by 6.08% [3] Nike Stock Performance - Nike's stock surged by 4.17% to $63.74 per share, with a total market capitalization of $94.4 billion, following substantial stock purchases by internal executives [6][8] - Tim Cook, CEO of Apple, increased his stake in Nike by approximately 50,000 shares, raising his ownership by 90% [9] - Nike's CEO, Elliott Hill, also purchased about 16,400 shares in a transaction valued at $1 million, increasing his personal stake by over 7% [9] Offshore Renminbi - On December 31, the offshore renminbi rose above 6.98, reaching a 15-month high, and was reported around 6.79530 at the time of publication [10]