A selloff in tech megacaps dented US stocks as traders trimmed risky bets at the start of the final week of 2025. Volatility gripped precious metals as silver retreated after touching a record high.
The S&P 500 fell 0.4%, with shares of Tesla Inc. and Nvidia Corp. declining. The Nasdaq 100 was off 0.5%. Europe’s Stoxx 600 was little changed following talks about a peace deal for Ukraine that yielded no breakthrough.