US equity indexes settled 2025 on a moderately weak note, SPX -50pts (0.7%) at 6845. Nasdaq comp' -0.8%. Dow -0.6%. The Transports settled -0.6%. R2K -0.7%
SPX - daily
VIX - daily
Summary
US equities opened a little weak, with the SPX seeing choppy cooling to settle moderately lower at 6845. Volatility climbed for a fourth day, the VIX settling +4.3% to 14.95.
It was a bullish week for US equity indexes, with net weekly gains ranging from +1.5% (NYSE comp'), +1.4% (SPX), +1.2% (Nasdaw comp, Dow), +0.5% (Trans), to +0.2% (R2K).
Lets take our regular look at six of the main US indexes
sp'500
Nasdaq comp'
Dow
NYSE comp'
R2K
Trans
--
Summary
All six US equity indexes were net higher for the week.
The NYSE comp' and SPX were sig' higher, whilst the R2K lagged.
The SPX and NYSE comp' broke new historic highs.
--
Looking ahead
It will be a short four day trading week, with Thursday CLOSED for New Years Day
Earnings: none. -
Econ-data/events
M - pending home sales
T - Case-Shiller HPI, Chicago PMI, FOMC mins (2pm)
W - weekly jobs
T - CLOSED
F - -
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Final note
We've just three trading days left of the year.
Have a good weekend --
*the next post on this page will likely appear 6pm EST on Monday. -
US equity indexes closed on a weak note, SPX -2pts (0.03%) at 6929. Nasdaq comp' -0.1%. Dow -0.04%. The Transports settled -0.1%. R2K -0.5%
SPX - daily
VIX - daily
Summary
US equities opened a little higher, with SPX printing a new hist' high of 6945, if cooling back to settle fractionally lower at 6929. Volatility was a little mixed, the VIX printing a high of 14.29, and settling +1.0% to 13.60
US equity indexes closed somewhat mixed, SPX +31pts (0.5%) at 6909. Nasdaq comp' +0.6%. Dow +0.2%. The Transports settled -0.2%. R2K -0.6%
SPX - daily
VIX - daily
Summary
US equities opened broadly flat, and slipped into algobot upward melt mode, settling moderately higher at 6909. Volatility was ground lower for a fourth consecutive day, the VIX printing 13.64, and settling -0.6% to 14.00. –
US equity indexes closed on a positive note, SPX +43pts (0.6%) at 6878. Nasdaq comp' +0.5%. Dow +0.5%. The Transports settled +0.7%. R2K +1.1%
SPX - daily
VIX - daily
Summary
US equities began Christmas week on a positive note, the SPX printing 6882, and settling moderately higher at 6878. Volatility was ground lower for a third consecutive day, the VIX settling -5.6% to 14.08.
It was a mixed week for US
equity indexes, with net weekly changes ranging from -0.9% (R2K), -0.7% (Dow), -0.4% (NYSE comp'), +0.1% (SPX), +0.3% (Trans), to +0.5% (Nasdaq comp').
Lets take our regular look at six of the main US
indexes
sp'500
Nasdaq comp'
Dow
NYSE comp'
R2K
Trans
--
Summary
Three US equity indexes were net lower for the week, with three net higher.
The R2K was broadly lower, whilst the Nasdaq was moderately higher.
--
Looking ahead
The schedule is very light, for what is a 3.5 trading day Christmas week.
Earnings:
M -
T - $LMNR
W -
T -
F -
-
Econ-data/events
M - -
T - Q3 GDP, durable goods orders, consumer conf'
W - Weekly jobs *EARLY CLOSING*
T -*CLOSED*
F - -
--
Stocked up for the winter
Final note
Reading around... I see more bearish outlooks for 2026 than bullish. Yours truly is (somewhat ironically) leaning to the latter, not least based on a few stocks... notably DECK and UNH.
Silver is where the real action is. Maybe it will hit $100 in January, but if not... there is always February... and beyond. If you're bullish silver... you can't be bearish equities, as the two broadly trade together.
With a SpaceX IPO likely due in Sept'2026, I'm increasingly thinking we'll see net upside into the late summer, before typical seasonal cooling into the midterms.
Of course... there are endless wild cards, not least Trump-Venezuela, Europe-Ukraine, Israel, and Taiwan-China. I don't call it planet Krazy for nothing.
With yours truly fully stocked, I shall hope you have enough popcorn to last across Christmas, and into the new year.
Have a good weekend --
*the next post on this page will likely appear 6pm
EST on Monday.
US equity indexes closed broadly higher, SPX +53pts (0.8%) at 6774. Nasdaq comp' +1.4%. Dow +0.1%. The Transports settled +0.8%. R2K +0.6%
SPX - daily
VIX - daily
Summary
US equities opened broadly higher, with the SPX pushing to 6816. There was a brief cooling wave to 6758, and settling broadly higher at 6774. Volatility was ground lower, the VIX settling -4.3% to 16.87.