US EditionStocks Slip on Wall Street as 2025 Winds Down
- On Monday, Asian shares traded mixed after a lackluster post-Christmas session on Wall Street, while precious metals retreated from recent record highs amid holiday-thinned trading.
- The drills followed Beijing's anger over U.S. arms sales and remarks by Japan's prime minister Sanae Takaichi as the Chinese military dispatched air, navy and rocket troops around Taiwan, prompting the Taiwan government to place forces on alert and label Beijing `the biggest destroyer of peace`.
- South Korea's Kospi jumped 1.9% to 4,207.36, while Hong Kong's Hang Seng rose 0.3% to 25,887.33 and the Shanghai Composite added 0.3%, with gold falling 0.4% to $4,535.50 and silver gaining 3% to $79.87.
- Year-End positioning left markets sensitive to limited flows as trading remained light with institutional investors largely closed out for the year, while the S&P 500 index climbed nearly 18% with three trading days left in 2025.
- Minutes from the Federal Reserve minutes due this month will be closely watched for 2026 clues; expectations of further Fed cuts have lifted markets and gold, while Tony Sycamore, IG warned `We are witnessing a generational bubble playing out in silver`.
125 Articles
125 Articles
Sydney Morning Herald
Brisbane TimesASX set to open flat after stocks slip on Wall Street as 2025 winds down
The Australian sharemarket is set for a lukewarm start after stocks slipped overnight on Wall Street as traders pared bets on the tech giants and gold prices plunged.
Just the News
China launches major military drills around Taiwan
The exercises mark China’s sixth major round of war games since 2022.
Channel News Asia
Stocks mixed, precious metals slip in quiet Asian trade
HONG KONG: Asian equities were mixed on Monday (Dec 29) in quiet post-Christmas trading as investors look ahead to the release of minutes from the Federal Reserve's policy meeting this month, while precious metals retreated from record highs.Markets looked set to end the last few days of the year on a positiv
InsideNoVA.com
Stocks mostly rise, precious metals slip in quiet Asian trade
Asian equities mostly rose Monday in quiet post-Christmas trading as investors look ahead to the release of minutes from the Federal Reserve's policy meeting this month, while precious metals retreated from record highs.
In a shorter week due to the New Year, New York stock exchanges are experiencing profit-taking driven by technology company stocks, while gold and silver are facing heavy losses.
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