Wall Street Today: DJIA, S&P 500 and Nasdaq Composite Ease for Third Session on TSLA, IBM and GS Losses

Jerry Kronenberg joined discussion · Dec 30, 2025 15:45

The Dow industrials, S&P 500 and Nasdaq Composite inched lower Tuesday for the third straight session as small losses for key index members like Tesla, IBM and Goldman Sachs took stocks lower amid quiet pre-New Year's trading.

The $Nasdaq Composite Index (.IXIC.US)$ lost 55.27 points (0.24%) to a 23,419.08 finish, while the $Dow Jones Industrial Average (.DJI.US)$ shed 94.87 ticks (0.2%) to 48,367.06 and the $S&P 500 Index (.SPX.US)$ gave back 9.5 points (0.1%) to 6,896.24.

Macro

The three indexes fell slightly in quiet trading ahead of Thursday's New Year's Day holiday, with little market news to move prices in either direction.

Wall Street seemed to mostly ignore the release of minutes from the Dec. 9-10 Federal Reserve monetary-policy meeting, where central bankers decided to cut the benchmark Fed Funds rate by 25 basis points.

The minutes showed that some Fed members thought a move toward a more neutral Fed Funds rate could help the U.S. job market, while others said they could have left rates unchanged.

However, the broad market seemed to mostly take its cue from slight declines in some key tech and non-tech stocks.

For example, $Tesla (TSLA.US)$and $NVIDIA (NVDA.US)$ fell 1.1% and 0.4%, respectively. Both are major S&P 500 and Nasdaq components, with NVDA is also an important DJIA member.

Other tech giants to lose ground included Dow and S&P 500 component $IBM Corp (IBM.US)$ (off 1.2%), $Palantir (PLTR.US)$ (1.8% weaker), $CoreWeave (CRWV.US)$ (1.4% lower), $NEBIUS (NBIS.US)$ (1% weaker) and $Micron Technology (MU.US)$ (which lost 0.6% after briefly hitting an intraday record high).

Beyond tech, banking giant $Goldman Sachs (GS.US)$, a large Dow and S&P 500 component, shed 0.9%.

While stocks narrowly fell, $Gold (LIST2110.US)$ and $Silver (LIST2093.US)$ resumed their recent gains after a one-day pause.

$Silver Futures (MAY6) (SImain.US)$ – which sank some 7% Monday after briefly hitting an all-time intraday peak – rose as much as 10.8% to a $78.065-an-ounce session high.

Meanwhile, $Gold Futures (APR6) (GCmain.US)$ added 1.8% at their intraday peak to $4,420.50.

Cryptocurrencies likewise rebounded from some declines seen on Monday.

$Bitcoin (BTC.CC)$ gained 1.1% to $88,084.01 as of shortly before 4:30 p.m. New York time, while $Ethereum (ETH.CC)$ added 1.1% to $2,960.69, $Solana (SOL.CC)$rose 0.7% to $123.81 and $Ripple (XRP.CC)$improved by 1.2% to $1.87.

Moo-vers

The "Magnificent Seven" stocks partly bucked Tuesday's downtrend and finished mixed, but mostly higher.

Four Mag-7 names rose -- $Meta Platforms (META.US)$ (up 1.1%), $Amazon (AMZN.US)$ (0.2% better), $Alphabet-A (GOOGL.US)$ (0.09% firmer) and $Microsoft (MSFT.US)$ (0.08% higher).

But three Mag-7 stocks fell, led by $Tesla (TSLA.US)$and $NVIDIA (NVDA.US)$ with their previously noted declines of 1.1% and 0.4%, respectively. Fellow Mag-7 component $Apple (AAPL.US)$(off 0.3%) eased as well.

Tuesday's other noteworthy percentage decliners included:

-- Certain next-generation nuclear-power stocks, which continued to trade choppily but generally lower since some hit all-time highs in October. Tuesday's losers included $Oklo Inc (OKLO.US)$ (down 3.3%) and $NuScale Power (SMR.US)$ (off 1.2%).

Select crypto-related stocks, which eased despite cryptocurrencies' gains. Losers included $Applied Digital (APLD.US)$ (down 2.94%), $IREN Ltd (IREN.US)$ (off 2.77%), $Bitmine Immersion Technologies (BMNR.US)$ (2.87% lower) and $Robinhood (HOOD.US)$ (1.7% weaker).

Conversely, Tuesday's major percentage gainers included:

-- $Ondas (ONDS.US)$, up 6.3%. The defense-oriented drone-and-wireless firm stock rebounded after two sessions of declines that saw it drop 7.3%. The launch of a new 2x long ETF based on Ondas' stock performance appears to also benefit the stock.

-- Select space-related stocks, which extended their roughly two-week run-up by another day. Winners included $Redwire (RDW.US)$ (13.4% firmer), $AST SpaceMobile (ASTS.US)$ (up 4.5%), $Sidus Space (SIDU.US)$ (3.9% better), $Starfighters Space (FJET.US)$ (1.9% higher), $Intuitive Machines (LUNR.US)$ (which added 1.5%) and $Rocket Lab (RKLB.US)$ (0.5% stronger),

-- $NIO Inc (NIO.US)$, up 3%. The Chinese electric-vehicle maker rose for a fourth straight session amid several positive catalysts – most recently, word that China's National Development and Reform Commission will extend existing vehicle trade-in subsidies through 2026.

Wall Street Today: DJIA, S&P 500 and Nasdaq Composite Ease for Third Session on TSLA, IBM and GS Losses

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