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U.S. stocks traded lower this morning, with the Dow Jones index falling more than 100 points on Monday.

The US initial public offering (IPO) market experienced a notable resurgence in 2025, with 336 offerings through mid-December, a 55% increase from 216 during the same period in 2024. Technology-led deals drove much of the activity, while consumer, industrials, and real estate sectors also contributed.

Although the S&P 500 has returned 19.3% so far this year, dozens of stocks are showing significant declines for 2025.

Higher-than-expected nominal GDP growth rates in the US & abroad can generate higher earnings growth; therefore, another strong performance for the S&P 500 in 2026. Gold prices saw a roughly 16x increase so far this century, greatly beating the S&P 500 index, which saw a roughly 5x increase for the same period.

CNBC's "Squawk Box" team discusses the Trump administration and its role in the economic outlook for 2026 with Stephen Moore, co-founder of Unleash Prosperity and former economic advisor to President Trump.

I expect the S&P 500 Index to reach 9,000 by end-2026, driven by pharma sector leadership. Eli Lilly, AbbVie, AstraZeneca, and Merck are fueling growth with blockbuster drugs and pipeline momentum.

CNBC's "Squawk Box" team discusses the banking sector and how banks have outpaced the S&P 500 in 2025 with Devin Ryan, senior research analyst at Citizens.

CNBC's "Squawk Box" team discusses what to watch in 2026 as stocks sit near record levels with Jeremy Siegel, professor emeritus of finance at the University of Pennsylvania and chief economist at WisdomTree.

I expect 2026 to be another positive year for the S&P 500, with a 2026 price target of 8,125 points, reflecting 17% upside. The biggest themes for the year, besides the obvious one in AI, are going to be treasury yields, and the strength of the consumer.

The S&P 500 faces valuation fatigue in tech, with concentration risks from the Mag 7 and a forward P/E near the 90th percentile of history. I expect healthcare to outperform in 2026 due to attractive valuations, strong earnings beats, and potential capital rotation away from tech.

Investors have been concentrating into fewer and fewer shares even more narrowly than they had done at the height of the 1999-2000 internet bubble. The problem with already overvalued stocks becoming even more expensive is that they eventually have to drop even farther to reach their fair value relative to their profits.

8:10am: Santa Claus rally faces early test Wall Street futures were under a bit of pressure early Monday as US markets headed into the final three trading days of 2025. Tech was leading the retreat before the opening bell.

Goldman Sachs economists predict U.S. economic growth will accelerate to 2.6% in 2026, driven by tax cuts, reduced tariff drag and Federal Reserve rate cuts.

As of Dec. 29, 2025, two stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Quantum computing stocks are ending 2025 just like they started: on a roller coaster as investors mull profit taking versus 2026 outlooks.

Current market confidence masks a dangerously narrow, expensive, and concentrated bull market structure reminiscent of late-cycle dynamics. Over a third of the S&P 500's weight is now concentrated in just seven technology giants, exposing passive investors to significant asymmetrical risk.

U.S. markets this week await Fed minutes for policy clues, with light data and thin year-end trading likely to guide sentiment.

CNBC's "Squawk Box" team discusses markets as 2025 comes to a close and what investors should watch in the new year with Paul Hickey, co-founder of Bespoke Investment Group.

Former Federal Reserve Board nominee Judy Shelton joins ‘Mornings with Maria' to discuss the Fed's rate-cut outlook, the race for the next Fed chair and why strong growth, easing inflation and U.S. gold reserves matter for 2026.

CNBC's Steve Liesman reports on how inflation caused by tariffs may help the labor market by resulting in muted layoffs.