US Equity Indexes Slip in Midday Trading; Gold, Silver Scale New Peaks

MT Newswires Live2025-12-27

US equity indexes were moderately lower in midday trading on Friday amid record moves in precious metals.

The Nasdaq Composite leaned slightly lower to 23,604.3, with the S&P 500 down less than 0.1% to 6,926.3 and the Dow Jones Industrial Average 0.2% lower at 48,642.9. The market closed early on Wednesday and was closed on Thursday for the Christmas holidays.

All sectors declined except technology and materials.

Gold futures traded 1.6% higher to $4,573.50 after hitting an all-time high of $4,584.00 earlier in the session, according to data compiled by CNBC. Silver futures were up 6.2% to $76.10, after scaling a new record of $76.35 intraday, the data showed.

US Treasury yields were mixed, with the 10-year yield leaning slightly higher to 4.14% while the two-year fell 1.7 basis points to 3.49%.

In company news, Nvidia (NVDA) has entered into a non-exclusive licensing agreement with AI chip startup Groq to deploy its inference technology, the latter disclosed Wednesday. Shares of Nvidia rose 1.3%, the top gainer on the S&P 500.

West Texas Intermediate crude oil futures slumped 1.7% to $57.35 a barrel.

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