5 things to know before the stock market opens Tuesday

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Listed below are 5 key issues buyers have to know to begin the buying and selling day:

Silver is on a wild journey. After surging to document highs this 12 months, the steel noticed its biggest intraday swing in additional than half of a decade yesterday.

Here is the total story:

• Silver futures slid greater than 8% on Monday, falling beneath $71 per ounce. The reversal got here after it topped the $80 stage for the primary time ever.
• The steel fell 15% from its highest to lowest factors, its largest one-day transfer since August 2020.
• That motion can seemingly be chalked as much as revenue taking. Silver was nonetheless up greater than 140% this 12 months after Monday’s drop.
• Silver regained some ground in early buying and selling this morning, with the steel final up greater than 7%.
• Elsewhere in metals, copper rose to recent information yesterday and is on observe for its best year since 2009.
• In the meantime, the inventory market slid to kick off the ultimate buying and selling week of the 12 months, with key synthetic intelligence performs as soon as once more underneath strain.
• Follow live markets updates here.

General Motors‘ buyers have been in the driver’s seat this 12 months. As CNBC’s Michael Wayland reviews, GM’s inventory is on observe to outperform opponents in 2025 and notch its largest one-year achieve because the automaker exited chapter in 2009.

Shares have hit new all-time highs this month, thanks partially to a roughly 13% rise up to now in December alone. The automaker’s inventory is on observe to see its fifth straight successful month as Wall Road cheers the Detroit-based firm’s document of money era and resilient earnings.

Meta stated this morning that it has acquired synthetic intelligence agent developer Manus.

The Singapore-based startup this 12 months launched its first AI agent, which may full duties reminiscent of coding and knowledge evaluation. Meta stated the acquisition ought to assist speed up its AI innovation and additional combine automation into merchandise reminiscent of its AI assistant. Phrases of the deal weren’t disclosed, however the Wall Road Journal reported that it closed at greater than $2 billion, citing sources acquainted.

It is the most recent AI funding for Meta, which earlier this month acquired wearables startup Limitless. In June, the tech big invested $14.3 billion in Scale AI.

President Donald Trump did not mince phrases when discussing Iran yesterday. Trump stated he would “knock the hell out of” Iran if the nation makes an attempt to rebuild its nuclear program, however urged Iran ought to negotiate a deal.

“Now, I hear that Iran is attempting to construct up once more, and if they’re we’ll should knock them down,” Trump stated. “We’ll knock the hell out of them. However hopefully that is not taking place.”

Trump, who yesterday met with Israeli Prime Minister Benjamin Netanyahu, additionally stated he would assist an Israeli assault on Iran if the nation tries to rebuild its ballistic missile reserve or reinstate its nuclear program.

Rep. Ro Khanna, D-Calif., is falling out of favor together with his state’s tech elite after supporting a wealth tax.

California labor teams are pushing for a poll measure that asks the state’s billionaires to pay a one-time 5% tax to make up for an anticipated shortfall within the health-care system. In a social media put up, Khanna reacted sarcastically to trade leaders’ threats to depart the state if the poll merchandise succeeds.

As CNBC’s Garrett Downs notes, these tech leaders made clear their displease with Khanna on-line. Look no additional than Y Combinator CEO Garry Tan, who wrote that it is “time to main him.”

Kiruna, Sweden’s northernmost metropolis, is being moved constructing by constructing on account of floor subsidence brought on by the enlargement of the world’s largest underground iron ore mine. CNBC’s Sam Meredith takes you inside the process and what it means for Kiruna’s residents.

— CNBC’s Sarah Min, Sean Conlon, Michael Wayland, Garrett Downs, Justin Papp, Sam Meredith, Elsa Ohlen and Dylan Butts contributed to this report. Josephine Rozzelle edited this version.