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US stocks slip as tech loses steam in final week of 2025

Tech and AI stocks dropped amid valuation concerns, yet the S&P 500 has gained about 17% this year, with major indexes set for their third annual rise.

  • On Monday, Wall Street's main indexes kicked off the final week of the year on a softer note as heavyweight technology stocks retreated; at 1:38 p.m., the Dow Jones Industrial Average fell 0.38%, the S&P 500 lost 0.35%, and the Nasdaq Composite slipped 0.55% to 23,462.63.
  • Most tech and AI-linked stocks cooled after recent rallies as the information technology sector weighed on the S&P 500, with Nvidia down 1.5% and Palantir Technologies down 1.6% amid valuation concerns and profit-taking following last week's record highs.
  • Deal activity and AI optimism underpinned pockets of market strength as DigitalBridge jumped 9.7% after SoftBank's $4 billion deal, while the S&P 500 has added about 17% this year.
  • Market internals showed divergence, with declining issues outnumbering advancers by a 1.74-to-1 ratio on the NYSE and the Nasdaq recording 28 new highs and 3 new lows.
  • Trading volumes are expected to be light this holiday-affected week with U.S. markets shut Thursday, while investors watch Fed minutes and weekly jobless claims amid strategists expecting gains in 2026.
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The spokesman-Review broke the news in Spokane, United States on Monday, December 29, 2025.
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