On December 26, 2025, the S&P 500 Index ($SPX) reached a new record high, up +0.04%, while the Dow Jones ($DOWI) declined by -0.12%, and the Nasdaq 100 ($IUXX) increased by +0.09%. Key market support stemmed from a stronger-than-expected U.S. Q3 GDP growth rate of +4.3%, topping forecasts of +3.3%, alongside a -1.0 basis point drop in the 10-year Treasury yield.
In the commodities market, gold, silver, and platinum hit all-time highs due to dollar weakness and geopolitical tensions, notably U.S. military strikes on ISIS targets in Nigeria amid rising threats there. The U.S. Coast Guard also redirected the sanctioned oil tanker Bella 1 away from Venezuela, reinforcing American sanctions.
On the stock front, Nvidia (NVDA) rose by +1.4% following a licensing deal with AI startup Groq, while Tesla (TSLA) fell by -1.6%. Mining stocks benefited from precious metals’ record prices, with Freeport McMoRan (FCX) up over +3%. Energy stocks, however, faced declines due to a -1.6% drop in crude oil prices.
