CNBC Business News Update - Market Open: Stocks Mixed As Trading Resumes After Holiday, Nvidia Makes A $20 Billion Deal, The Gold (And Silver) Rush Continues 12-26-2025

Episode Date: December 26, 2025

The latest in business, financial, and markets news and how it impacts your money, reported by CNBC's Peter Schacknow Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

I'm Peter Shack now, CNBC. Stocks are narrowly mixed on this final trading day of the week after the Dow and S&P 500 closed at record highs during Wednesday's shortened pre-Christmas session. The Dow Jones Industrial average is down 42 points at 48,689. The S&P 500 is a tenth of a percent higher or about eight points, and the NASDAQ adding 41 points are almost two-tenths of one percent. The major averages are said to conclude a third straight year of double. digital-digit gains. As of this morning's open, the NASDAQ is up more than 22% for 2025, with the S&P 500 adding almost 18% and the Dow up 14.5%. But 2026 could provide at least one bump in the road. Sarat Sethi, managing partner at DCLA, says the naming of a new Fed chair

is a potential source of disruption. You have all the aspirants to the Fed chairman position who, irrespective of what happens to inflation or growth, they want lower interest rate, it's almost like they are crying, please make me the next chairman, I will cut interest rate, whatever you want me to do. So you are going to have a federal reserve which lacks independence even more than normal. Shares of NVIDIA are up about 1% this morning.

The chipmaker will pay $20 billion to acquire assets from artificial intelligence startup GROC, which makes semiconductors and software for artificial intelligence models. Investors continue their gold rush and a silver rush as well. Both precious metals have hit fresh record highs this morning amid escalating geopolitical tensions. Google is rolling out a new feature,

allowing users to change their Gmail addresses without losing data. However, it's not yet available in all global markets. Peter Shack now, CNBC. CNBC, live ambitiously.