US open: Stocks dip as late‑December momentum cools

By Iain Gilbert

Date: Monday 29 Dec 2025

(Sharecast News) - Major indices were in the red early on Monday as the late‑December rally showed signs of losing momentum.
As of 1520 GMT, the Dow Jones Industrial Average was down 0.14% at 48,641.24, while the S&P 500 shed 0.26% to 6,912.20, and the Nasdaq Composite came out of the gate 0.48% firmer at 23,480.26.

The Dow opened 69.73 points lower on Monday, extending losses recorded in the previous session as the blue-chip was knocked from its fresh record high.

The broader tone remained calm at the openning bell, as many investors were still away for the holidays. With just a few sessions left in 2025, attention has now started to turn to whether Wall Street will be able to maintain its late‑year footing and extend the positive run that has characterised much of December into 2026.

On the macro front, US pending home sales unexpectedly surged in November, according to the National Association of Realtors, hitting the highest level since February 2023. Based on signed contracts, pending home sales rose 3.3% month-on-month, better than expectations for a softer 1% increase and October's upwardly revised 2.4% gain. On an annualised basis, pending home sales were up 2.6%.

Still to come, the Dallas Federal Reserve's December manufacturing index will be published at 1530 GMT.

No major corporate earnings were slated for release on Monday.







Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

Intel Corp. (INTC) $36.35 0.40%
Apple Inc. (AAPL) $273.96 0.21%

Dow Jones - Fallers

Cisco Systems Inc. (CSCO) $77.80 -0.46%
Amgen Inc. (AMGN) $332.45 -0.14%

S&P 500 - Risers

Verisk Analytics Inc. (VRSK) $225.22 2.21%
Diamondback Energy Inc. (FANG) $148.45 1.46%
Starbucks Corp. (SBUX) $86.23 1.35%
Charter Communications Inc. (CHTR) $209.26 1.01%
Monster Beverage Corp (MNST) $77.99 0.88%
eBay Inc. (EBAY) $85.89 0.80%
Autodesk Inc. (ADSK) $302.88 0.72%
Automatic Data Processing Inc. (ADP) $260.64 0.70%
Kraft Heinz Co. (KHC) $24.29 0.66%
Henry Schein Inc. (HSIC) $76.63 0.66%

S&P 500 - Fallers

Incyte Corp. (INCY) $97.97 -2.14%
Nvidia Corp. (NVDA) $186.54 -2.09%
Wynn Resorts Ltd. (WYNN) $121.94 -1.95%
Seagate Technology Plc (STX) $281.25 -1.74%
Advanced Micro Devices Inc. (AMD) $211.88 -1.45%
Western Digital Corp. (WDC) $179.06 -1.37%
Ipg Photonics Corp. (IPGP) $74.21 -1.29%
F5 Inc. (FFIV) $259.82 -1.26%
Zions Bancorporation (ZION) $58.81 -1.18%
American Airlines Group (AAL) $15.26 -1.17%

Nasdaq 100 - Risers

Verisk Analytics Inc. (VRSK) $225.22 2.21%
Starbucks Corp. (SBUX) $86.23 1.35%
Mercadolibre Inc. (MELI) $2,032.68 1.34%
T-Mobile Us, Inc. (TMUS) $203.19 1.09%
Charter Communications Inc. (CHTR) $209.26 1.01%
Monster Beverage Corp (MNST) $77.99 0.88%
eBay Inc. (EBAY) $85.89 0.80%
Autodesk Inc. (ADSK) $302.88 0.72%
Automatic Data Processing Inc. (ADP) $260.64 0.70%
Kraft Heinz Co. (KHC) $24.29 0.66%

Nasdaq 100 - Fallers

Tesla Inc (TSLA) $462.52 -2.67%
Incyte Corp. (INCY) $97.97 -2.14%
Nvidia Corp. (NVDA) $186.54 -2.09%
Wynn Resorts Ltd. (WYNN) $121.94 -1.95%
Seagate Technology Plc (STX) $281.25 -1.74%
Western Digital Corp. (WDC) $179.06 -1.37%
JD.com, Inc. (JD) $29.05 -1.19%
American Airlines Group (AAL) $15.26 -1.17%
DENTSPLY Sirona Inc. (XRAY) $11.41 -0.95%
Qvc Group Inc Series A (QVCGA) $11.38 -0.91%

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