Markets Hold Steady, Novo Nordisk, Huntington Ingalls Surge
Update: 2025-12-23
Description
Stock markets are poised for a quiet open, with the S&P 500 and Dow Jones Industrial Average nearing record highs. Precious metals, including gold and silver, are surging to new peaks, driven by expectations of rate cuts, a weaker dollar, and geopolitical tensions. Bitcoin is hovering near $87,800, while oil prices have edged up. The ten-year Treasury yield has dipped slightly, potentially easing borrowing costs. Key economic reports are set to be released today, which could influence market sentiment. Novo Nordisk shares are rising following FDA approval of a pill version of its weight-loss drug, and Huntington Ingalls Industries is seeing a boost on news of new battleship orders. Investors await these data releases to determine the fate of the ongoing rally.
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