Dow Jones: Stocks likely to finish the year slightly lower

Stocks are ending 2025 with overall gains but futures were trading lower before the last session. Silver fell after the CME raised margin requirements for precious metals.

Stock markets were heading into the last trading day of 2025 on a softer note, with futures pointing lower after several mixed sessions. Major indexes had enjoyed gains earlier in the month but eased in the most recent sessions. The CME Group increased margin requirements for precious metals again, and silver prices moved lower. Markets will keep a normal stock trading schedule, and bond markets are set to close earlier for New Year's Eve. What was reported: - Stock futures were lower: Nasdaq 100 about -0.3%, S&P 500 about -0.2%, Dow about -0.1%. - The Nasdaq, S&P 500 and Dow entered the final trading day up roughly 21%, 17% and 14% for the year. - Silver futures fell after the CME raised margin requirements for precious metals again. - Gold prices were also lower, and fixed-income yields eased slightly. Summary: Markets finished the year with gains overall, though recent sessions showed modest pullbacks and metals experienced volatility following margin changes at the CME. Investors were awaiting routine economic data ahead of the new year. Undetermined at this time.