Market Recap of the Week of Dec 28, 2025 - Jan 4, 2026

Overall Market Trends:

The market ended the year on a down note, with all four major indices falling throughout the week. The New York Stock Exchange Composite (NYSE) fell 11 points (-0.05%), the S&P 500 declined 72 points (-1.04%), the NASDAQ Composite slipped 356 points (-1.51%), and the Dow Jones Industrial Average posted a weekly loss of 332 points (-0.68%). Technology stocks and profit-taking played a significant part in these results.

Stocks started off the week down, led by losses in the technology sector on both Monday and Tuesday. A.I. stocks, including Nvidia (NASDAQ: NVDA), Oracle (NYSE: ORCL), Palantir Technologies (NASDAQ: PLTR), and Meta Platforms (NASDAQ: META), saw small declines. Silver pulled back more than 6% after reaching over $80 per ounce for the first time in history last week. Precious metals in general had a major year in 2025, rising nearly 150%.

Tuesday faced similar results for similar reasons. The release of the minutes from the Federal Reserve's December meeting also put a bit of a sour taste in market sentiment as it revealed that policymakers were torn, a near split decision, over the quarter-point rate cut enforced at that meeting. They also put the aggressiveness of future rate cuts in question.

Markets continued to fall on Wednesday, the last day of 2025. The lack of growth across the market in the last 5 days of the year, and the first two of the next, is somewhat concerning, as it is normally a seasonally rewarding stretch known as the “Santa Claus” rally. This profit-taking may also foreshadow some potential volatility this upcoming year.

Markets were closed on Thursday for the federal holiday, New Year's Day.

Stocks moved higher on Friday, starting the new year off strong by rising on its first day of trading. These gains were led by chip stocks, despite other sectors such as software companies falling. Most notably, Micron Technology soared 10% on the day, while Salesforce (NYSE: CRM) and CrowdStrike (NASDAQ: CRWD) dropped 4% and 3%, respectively. Wayfair (NYSE: W) and RH (NYSE: RH) also rose significantly, 6% and 8%, respectively, as President Trump postponed tariff increases on furniture, cabinets, and other accessories for a year on New Year’s Eve.

This Week in Crypto

Live Crypto Markets:

Looking Towards the Future

Upcoming Important Economic Events:

Monday: ISM manufacturing index
Tuesday: S&P final U.S. services PMI
Wednesday: ADP employment • ISM services index • Job openings
Thursday: Initial jobless claims • U.S. productivity • U.S. consumer credit
Friday: U.S. employment report • University of Michigan Consumer Sentiment

Future Earnings Reports:

Market Recap (1/4/26)