Overview
The U.S. stock market showed a lack of clear direction today amid sharply reduced trading volumes following the Christmas holiday. Despite the overall mixed performance, the weekly results marked the best in a month. While many tech stocks saw declines, NVIDIA gained positively due to its partnership with an AI startup.
| Nasdaq Composite | S&P 500 |
| Dow Jones Industrial Average | 1 South Korean won equals |
Major News Story
NVIDIA experienced gains following news of its collaboration with AI startup Groq. Additionally, stocks like Halliburton rose on reports of increased stake by activist investor Toms Capital Investments. Gold and platinum maintained their upward trajectory thanks to central bank purchases, ETF inflows, and a dovish Federal Reserve policy.
Tomorrow's Economic Indicators
| Time | Indicator |
|---|---|
| Midnight | U.S. November Pending Home Sales |
General Opinion
The market currently lacks clear direction despite the positive outlook from year-end 'Santa Rally' and economic indicators. Central bank policies and year-end position adjustments are affecting the market, as investors balance short-term profit-taking with position adjustments.
