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Dow Jones Today: Stock Futures Little Changed to End Holiday-Shortened Week; Gold, Silver Hit New Record Highs
Stock futures were little changed Friday after being closed for Christmas, while gold and silver set their latest all-time highs. The S&P 500 and the Dow Jones Industrial Average set record closing highs before markets closed for Christmas.Michael Nagle / Bloomberg via Getty Images TradingView TradingView TradingView Futures associated with the Dow Jones Industrial Average and S&P 500 pointed down 0.1% and fractionally lower, respectively, while Nasdaq 100 futures ticked fractionally higher. On Wednesday, the blue-chip Dow , benchmark S&P 500 , and tech-heavy Nasdaq logged their fifth straight session of gains . The S&P 500 hit a fresh intraday high and set a closing record for a second straight day, while the Dow came within 0.2% of its own intraday record and set a closing high. Gold and silver futures set their latest all-time highs Friday, rising to $4,561 and $75.84 an ounce, respectively. In recent trading, gold was up 0.8% to $4,540 and silver surged nearly 4% to $74.40. The 10-year Treasury yield , which influences interest rates on a variety of commercial and consumer loans, rose to 4.15% from Wednesday's close of 4.15%. Bitcoin was trading around $88,600, up from a low earlier Friday of about $86,900. The U.S. dollar index , which tracks the value of the greenback against a basket of foreign currencies, was slightly higher at 98.04. West Texas Intermediate futures, the U.S. crude oil benchmark, was up 0.5% to $58.65 per barrel. Nike stock rose less than 1% in premarket trading after jumping 4.6% Wednesday for the top performance in the S&P 500 and Dow after a regulatory filing revealed Apple ( AAPL ) CEO Tim Cook bought nearly $3 million worth of shares. Shares of Nvidia ( NVDA ), the world's most valuable public company, rose 0.6% before the bell. On Wednesday, AI chip designer Groq wrote in a blog post that it had entered into a licensing agreement with Nvidia for its inference technology, and CNBC reported the asset deal was worth $20 billion in cash.
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