Stock Market Live December 29: S&P 500 (VOO) Falls to Start Second Holiday Week

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Silver prices hit an intraday high of $80 overnight, but fell more than 8% this morning as investors began locking in profits on a commodity that nearly quadrupled in price this year. Leading precious metals stocks such as Newmont Corporation (NYSE: NEM) and Barrick Mining (NYSE: B) are down 5.2% and 4.3%, respectively.


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Not everyone on Wall Street is selling. Jefferies analyst Kylie Cohu raised the banker’s price target on toymaker and S&P 500 component company Hasbro (Nasdaq: HAS) to $95 with a buy rating this morning.

Cohu cited “momentum” for the company’s Magic: The Gathering (MTG) franchise as the reason “HAS remains our top toy pick heading into 2026.” Perversely, the analyst also pointed to the company’s delay of self-published computer game Exodus to 2027 as a positive because the slower pace of development will raise profit margins in 2026.

Cohu expects Hasbro to earn a 23.3% operating profit margin in 2026, and earn as much as $5.21 per share.

Hasbro stock is up 0.4% today.

This article will be updated throughout the day, so check back often for more daily updates.

The Vanguard S&P 500 ETF (NYSEMKT: VOO) opened down 0.3% Monday after gaining last week. Trading last week was shortened by the Christmas holiday, and New Year’s Eve will abbreviate this week’s trading days as well.

With less time to act, investors are wasting no time locking in some of 2025’s big gains. The S&P 500 is up nearly 18% with just a few days left in the year to lock in profits. Nvidia (Nasdaq: NVDA) stock, up nearly 39% for the year, is down 2% this morning on profit-taking.

Precious metals

Aside from stocks, well, overnight silver reached its highest price ever, more than $80 an ounce. But this morning the precious metal’s price nearly plunged below $72 per ounce.

Gold prices are down 3.1% this morning.

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