<div id="readability-page-1">04:39 PM EST, 12/26/2025 (MT Newswires) -- US equity indexes were lower amid thin trading volumes on Friday, while precious metals scaled new peaks.The Dow Jones Industrial Average retreated less than 0.1% to 48,710.97. The S&amp;P 500 also slipped less than 0.1% to 6,929.94, and the Nasdaq Composite also declined less than 0.1% to about 23,593.10. The stock market closed at 1 p.m. ET on Wednesday and was shut throughout on Thursday for the Christmas holidays.Consumer discretionary and energy led the decliners, while materials emerged as the biggest gainer on Friday.Nasdaq's trading volume was 4.36 billion shares at the close, compared with a daily average of 9.39 billion, according to data compiled by Yahoo Finance. The corresponding figures for the S&amp;P 500 were 1.44 billion versus 5.31 billion. For the Dow, the figures were 287.4 million versus 521.3 million.Silver futures were up 9.7% to $78.61, after scaling a new record of about $78.98 intraday, according to data compiled by CNBC. Silver kicked off this year at around $29. Gold futures traded 1.2% higher to $4,558.42 after hitting an all-time high of $4,584.00 earlier in the session. Gold began this year at around $2,650.Most US Treasury yields fell, with the 10-year yield leaning slightly lower to 4.13% and the two-year fell 2.7 basis points to 3.48%.The probability of an interest rate cut in March, the fourth in a row from the Federal Reserve, is running shoulder-to-shoulder with the likelihood of a policy pause, according to the CME FedWatch tool on Friday. But, in April and June, the chances of a 25-basis-point cut to the 3.25%-3.5% range are notably higher in each of the two months than a hold at the current target rate.West Texas Intermediate crude oil futures sank 2.5% to $56.91 a barrel.In company news, Nvidia ( NVDA ) has entered into a non-exclusive licensing agreement with AI chip startup Groq to utilize its inference technology, the latter announced on Wednesday. Nvidia ( NVDA ) shares rose 1%, among the Dow's top gainers.Target ( TGT ) has drawn increased interest from activist investor Toms Capital Investment Management amid a prolonged sales slump, according to the Financial Times, which cited people familiar with the details. Toms Capital has acquired a sizable stake in the US retail chain, though the exact amount isn't known, the report added.Shares of Target ( TGT ) advanced 3.1%, the biggest outperformer on the S&amp;P 500. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

US equity indexes slipped amid thin trading volumes, with the Dow, S&P 500, and Nasdaq all declining less than 0.1%. Precious metals hit new records, with silver futures up 9.7% and gold futures up 1.2%. Most US Treasury yields fell. Nvidia entered a licensing agreement with Groq, and Target saw increased interest from Toms Capital. West Texas Intermediate crude oil futures fell 2.5%.

US Equity Indexes Slip Amid Thin Trading Volumes While Gold, Silver Break Records