Wall Street Closes Near All-Time Highs Amid Light Trading and AI Stock Gains

Market Performance and Trends

• 📈 Wall Street indices, including the Dow, S&P 500, and NASDAQ, ended nearly unchanged in light trading following a five-session rally.
• 📊 Despite minor dips, all three major indexes logged gains for the holiday-shortened week and are on track for double-digit percentage gains for the year.
• ⚠️ The year has been turbulent, marked by tariff concerns, geopolitical tensions, and the rapid growth of AI-related momentum stocks.

Notable Stock Movements

• 💡 Nvidia saw a 1% increase after agreeing to license chip technology from startup Grock and hire its CEO.
• 🎯 Target shares rose over 3% following a report from the Financial Times about activism from hedge fund Tom's Capital Investment Management.
• 💰 US-listed shares of precious metal miners like First Majestic, Core Mining, and Endeavor Silver advanced as silver and gold prices touched fresh record highs.