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Stocks close slightly lower in quiet
post-Christmas trading
[December 27, 2025]
NEW YORK (AP) — Stocks
closed slightly lower on Friday in a quiet day of trading as investors
returned from the Christmas holiday.
The S&P 500 index fell 2.11 points, less than 0.1%, to close at
6,929.94, the Dow Jones Industrial Average fell 20.19 points, also less
than 0.1%, to 48,710.97 and the Nasdaq composite fell 20.21 points, or
0.1%, to 23,593.10. |
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Institutional investors are largely closed out of their
positions for the year, so trading was extremely light. Trading
on the New York Stock Exchange was roughly half what an average
day.
With three trading days left in 2025, the S&P 500 has climbed
nearly 18% this year, helped by the deregulatory policies of the
Trump administration as well as investor optimism about the
future of artificial intelligence.
Gold and silver prices continued to climb, with silver rising
nearly 8% to $77.20 an ounce. Gold rose 1.1%. Both precious
metals have risen this year as investors have looked for safe
havens outside of stocks and bonds, and silver has also risen
sharply due supply constraints. Miners posted solid gains
Friday. Freeport-McMoRan climbed 2.2%.
Earlier surges in gold prices partly reflected worries during
the U.S. government shutdown. Expectations that the U.S. Federal
Reserve will cut interest rates further in the new year,
weakening the dollar against other currencies, have also fueled
buying of gold.
Shares of Target rose 3.1% after The Financial Times reported
that an activist investor is taking a stake in the retail giant.
U.S. crude oil fell 2.8% and Brent crude fell 2.6%.
Treasury yields held relatively steady in the bond market. The
yield on the 10-year Treasury note edged down to 4.13%.
Markets in Hong Kong, Australia, New Zealand and Indonesia were
closed. Most European markets remained closed Friday.
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