ReferIndia News S&P 500 and Nasdaq Close Lower in Holiday Trading as Meta Gains on AI Acquisition

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S&P 500 and Nasdaq Close Lower in Holiday Trading as Meta Gains on AI Acquisition

Published on: Dec. 31, 2025, 7:49 a.m. | Source: scanx.trade

The S&P 500 and Nasdaq closed modestly lower in holiday-thin trading, with the S&P 500 down 0.14% and Nasdaq falling 0.23%. Meta Platforms gained 1.1% on its AI startup acquisition announcement, while technology heavyweights Apple and Nvidia declined. Financial stocks weighed on markets, with Citigroup falling on its Russian unit sale. Energy stocks outperformed with a 0.8% gain amid geopolitical tensions, while both major indices remain on track for their eighth consecutive monthly gain.

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