Stock indexes are down today, with the S&P 500, Dow Jones, and Nasdaq all in the red. Megacap tech stocks lead the losses, while lower bond yields support equities. Silver and platinum prices fall from record highs due to profit-taking. Crude oil prices rise over +2% amidst failed peace talks in Ukraine and geopolitical tensions.

Seasonal factors favor stocks as historical data shows S&P 500 rising in the last two weeks of December. US economic news this week includes pending home sales, Chicago PMI, FOMC meeting minutes, unemployment claims, and S&P manufacturing PMI. Market odds put a -25 bp rate cut by the FOMC at 19%.

Overseas markets vary with Euro Stoxx 50 up, China’s Shanghai Composite hitting a 6-week high, and Japan’s Nikkei down. T-notes see safe-haven demand as stock weakness and geopolitical risks prompt lower bond yields in Europe. ECB rate hike odds are at 2%.

Stock movement shows losses in tech giants like Nvidia and Tesla, while mining stocks decline with falling gold and silver prices. Energy companies like Devon Energy and Marathon Petroleum see gains with rising crude oil prices. Praxis Precision Medicine and DigitalBridge Group also show notable increases.

Coupang rises after offering compensation for a data breach. Earnings reports for 12/29/2025 show none. Rich Asplund, the author, has no positions in mentioned securities. For more information, refer to Barchart’s Disclosure Policy.

Read more at Nasdaq: Stocks Slip Due to Weakness in Megacap Technology Stocks