Stocks may show a lack of direction in early trading after recent record highs, with tech stocks like Micron Technology and SanDisk surging. Prices for high-bandwidth memory have increased by nearly 20 percent for 2026 deliveries. Trading activity may be subdued next week due to the New Year’s Day holiday, but reports on jobless claims and pending home sales will still be watched. In overseas trading, Asian markets mostly rose, while European markets remained closed. Crude oil futures are down slightly, while gold futures are up. The U.S. dollar is trading higher against the yen and euro.

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