Market Overview - U.S. stock futures are set to start the week lower, which may jeopardize the Santa Claus rally [1] - Dow Jones Industrial Average futures decreased by 27 points, or 0.1%, while S&P 500 futures fell by 0.2% and Nasdaq 100 futures dropped by 0.4% [1] - The S&P 500 has seen a slight increase of 0.2% since the Santa Claus rally period began [1] Treasury Yield - The yield on the benchmark 10-year Treasury note has slightly decreased to 4.115% [2]

Core Viewpoint - Bill Ackman, CEO of Pershing Square Capital Management, has publicly withdrawn his support for Congressman Ro Khanna due to Khanna's defense of a controversial California wealth tax proposal, which Ackman believes contradicts Khanna's previous stance against taxing unrealized gains [1][2][3]. Group 1: Tax Controversy - The proposed California initiative could impose a tax of up to 5% on the net worth of billionaires, which has sparked significant debate [3][4]. - Ackman argues that aggressive taxation will lead to an exodus of entrepreneurs and job creators from California, citing concerns from tech leaders like Peter Thiel and Larry Page about leaving the state to avoid the tax [4]. - Venture capitalist Chamath Palihapitiya supports Ackman's view, warning that the tax could harm entrepreneurship by forcing founders to liquidate assets to pay taxes on unrealized wealth [4]. Group 2: Khanna's Response - Congressman Khanna has dismissed the threats of an exodus, asserting that the talent pool and ecosystem in Silicon Valley are more robust than the presence of individual billionaires [5].

Key Highlights: Stock futures were flat to slightly higher Sunday evening in a New Year's holiday-shortened week, after Trump and Zelensky held "productive†talks on a Russia-Ukraine peace plan. Last week, US stocks hovered near record highs in thin holiday trade, with the S&P 500 ending little changed and the Nasdaq 100 slipping 0.1% as materials and tech outperformed while consumer discretionary and energy lagged. Nvidia (NASDAQ:NVDA) gained on an AI licensing deal, and precious metals surged to fresh reco ...

Core Insights - The stock market is experiencing a typical Santa Claus Rally as it approaches 2026, marking a strong year and the third consecutive year of positive performance [1] Investment Strategy - The focus is on strategic buying opportunities, particularly in dividend and value stocks, which has led to a near 5-star rating on Tipranks.com and over 9,000 followers on Seeking Alpha [1]

分组1 - The stock market is experiencing mixed trading, with Dow Jones futures dropping 0.1% and S&P 500 futures also losing ground as Wall Street aims to close the holiday week with gains [5] - Nvidia is actively involved in the market, having licensed key technology from AI chip startup Groq and hiring top personnel, indicating a strategic move to enhance its AI capabilities [6] - The S&P 500 has reached a record high, driven by strong performances from Nvidia and Google, amidst hopes for a Santa Claus Rally [10] 分组2 - There is a growing concern regarding AI stocks in the S&P 500 that are accumulating significant debt, which could pose risks to their future performance [7] - Predictions for the stock market in 2026 are deemed unreliable, suggesting that a more strategic approach is necessary for investors [8] - The market is closely watching companies like Travere Therapeutics, Figure Technology, and Palantir, which are currently in focus due to their potential growth and market movements [10]

BREAKING: Stock Market Closes With Solid Weekly Gains Today's Spotlight Leaderboard New Year's Sale Get a head start on your 2026 investing resolutions with 1 month of Leaderboard for only $29. Join IBD Live to watch and discuss the market action in real time with a team of top market analysts. Is the Santa Claus Rally Real? Something big may be coming to town—check out IBD's guide to the Santa Claus Rally. More News (© Chris Gash) Next Data Center Roadblock For Google, Microsoft, Oracle, Meta Is On Main St ...

Group 1 - Rocket Lab secured a satellite contract with the U.S. Space Development Agency, leading to a significant stock breakout, with shares rising 29% in two days [5][10] - The stock market is experiencing fluctuations, with major indexes closing lower after the Christmas holiday, indicating a cautious market environment [6][10] - There is a growing concern regarding AI-related stocks in the S&P 500, particularly those accumulating significant debt, which may pose risks to investors [7] Group 2 - The latest market trends show that AI plays, particularly led by Taiwan Semiconductor Manufacturing Company, are dominating the best stock lists [10] - The market is currently assessing whether the recent fluctuations are indicative of a broader shakeout or a slowdown, which could impact investment strategies moving forward [10]

Group 1: Precious Metals Market - Silver futures increased by 4.5% to approximately $75 per troy ounce, marking a significant rise of over 100% in price this year, attracting amateur investors [1] - Gold futures also reached record levels, peaking at $4,562 per troy ounce, driven by escalating geopolitical tensions which have bolstered its status as a haven asset [2] Group 2: U.S. Stock Market Performance - U.S. stock indexes experienced slight declines in thin trading, with the S&P 500 and Dow industrials closing at record highs after a five-session rise [3] - The period around the last five trading days of the year and the first two of the next is typically characterized by a "Santa Claus Rally," where stocks tend to rise [3] Group 3: Company-Specific Developments - Mining companies such as Southern Copper and Freeport-McMoRan saw stock price increases due to higher metal prices [4] - Nvidia's stock rose by 1.5% following the announcement of a licensing deal with semiconductor startup Groq [4] - Coupang's shares surged by 10% after a recent decline, despite a significant cybersecurity breach that led to customer information being leaked [4] Group 4: Other Market Influences - Biohaven's stock fell by 4% after an antidepressant drug candidate failed to meet its primary goal in a study [5] - The Japanese yen weakened against the dollar as Tokyo consumer prices rose more slowly than expected, although they remained above the Bank of Japan's target [5] - Japan's cabinet approved a record-high initial budget for the next fiscal year, indicating potential economic strategies moving forward [5]

Market Overview - U.S. stock markets resumed normal trading hours on December 26, 2025, following the Christmas holiday, with major indices closing at record highs due to strong AI sector performance and positive economic data [1][3] - The Dow Jones Industrial Average (DJIA) rose 0.6% to 48,731.16, the S&P 500 (SPX) gained 0.3% to 6,932.05, and the Nasdaq Composite (IXIC) increased 0.2% to 23,613.31 [3] Premarket Activity - In premarket trading, Dow Jones futures were down approximately 0.1% to 0.2%, while S&P 500 futures showed a fractional decline of 0.03% to 0.1% lower; Nasdaq 100 futures edged slightly higher by 0.00% to 0.02% [4] Corporate Earnings and Developments - Nvidia (NVDA) shares rose 0.6% to 0.7% in premarket trading following the announcement of a $20 billion acquisition of assets from AI chip startup Groq, aimed at strengthening its position in the AI inference sector [8] - Nike (NKE) shares surged 4.6% on December 24, supported by a regulatory filing revealing Apple CEO Tim Cook's $3 million purchase of Nike shares [9] - Micron Technology (MU) shares rose 3.8% on December 24 and continued to gain 2% in premarket trading, contributing to a nearly 22% increase this month due to optimistic earnings forecasts [13] - Dynavax Technologies Corp. (DVAX) shares soared 38.2% after Sanofi announced its acquisition of the company for approximately $2.2 billion [13] - Intel Corp. (INTC) shares fell 0.5% after reports that Nvidia has ceased testing its 18A production process with Intel [13] - Snowflake (SNOW) is reportedly in advanced discussions to acquire AI-native startup Observe for around $1 billion, which would be its largest acquisition to date [13] - Prudential Financial (PRU) shares rebounded after a planned share buyback program of up to $1 billion was announced [13] - Biohaven Pharmaceutical (BHVN) shares dropped 13.4% in premarket trading after its depression drug failed in a clinical trial [13] - DENSO Corporation announced a joint development agreement with MediaTek Inc. to accelerate next-generation automotive system-on-chips [13] - Infineon Technologies achieved a milestone with all global operations now supplied with 100% green electricity [13]

US equity futures are little changed in thin trading with most traders away from the screens, while the bulk of overnight actions was once again in gold and silver as precious metals soared to a new record high driven by feverish Chinese demand. As of 8:15am, S&P futures were flat after closing Wednesday's session at a new record high, while Nasdaq 100 futs were fractionally in the green. Asian markets were mostly higher while European bourses are closed. The dollar was unchanged as were treasuries, with th ...