Stock indexes are up today, with the S&P 500 (+0.41%), Dow Jones (+0.22%), and Nasdaq 100 (+0.50%) all in the green. Tech stocks like Tesla (+2%), Nvidia, and Meta (+1%) are leading the charge. Micron’s positive results boost chip stocks, while gold and silver miners hit record highs.

Seasonal trends favor stocks, with the S&P 500 historically rising 75% of the time in late December. Markets show a 20% chance of an FOMC rate cut. Overseas, Euro Stoxx 50 is down, while Shanghai and Nikkei are up. Treasury yield curve steepens, boosting short-end yields and pressuring longer-term rates.

Chip stocks rally with Micron (+2%) and Nvidia, while Marvel Technology gains over 1%. Cryptocurrency-exposed stocks like Galaxy Digital (+3%) and Coinbase (+1%) rise with Bitcoin (+2%). Precious metals miners like Newmont (+3%) and Coeur Mining (+7%) strengthen as silver and gold hit new highs.

Warner Bros Discovery climbs 3% as Larry Ellison backs $40.4 billion bid. Rocket Lab jumps 7% on contract news. Honeywell dips 0.6% after guidance adjustment. Earnings reports from Barnes & Noble Education and Rezolve AI released. No securities positions held by the author.

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