Stock Market Live December 29: S&P 500 (VOO) Falls to Start Second Holiday Week
Quick Read
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The stock market is up double digits for 2025 and traders are taking profits to start the year’s final week.
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Nvidia shares are down 2% on no real news.
Live Updates
Expect ConAgra to Grow Slowly
Bernstein SocGen Group analyst Alexia Howard lowered her price target on S&P 500 component stock ConAgra (NYSE: CAG | CAG Price Prediction) to $18 this morning.
Howard highlighted ConAgra’s organic sales decline of 3% in its most recent quarter, with adjusted EBIT margins ahead of consensus at 6.4% and GAAP earnings better than expected. Howard called these numbers “fairly uninspiring,” but expects ConAgra’s performance, and sales growth, to improve in the second half of 2027.
That’s still at least six months away, however, so there’s no immediate rush to buy, and Howard maintains only a market perform rating on ConAgra stock.
We rate CAG Market-Perform and lower our price target from $21 to $18 based on lowering our forward EV/EBITDA from 8.2x to 7.5x and raising our 12 – 24 month EBITDA estimate from $2,165m to $2,176m.”
Silver Loses Shine
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.
Hasbro Hiked
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.
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.
Joel South covers large-cap stocks, dividend investing, and major market trends, with a focus on earnings analysis, valuation, and turning complex data into actionable insights for investors.
He brings more than 15 years of experience as an investor and financial journalist, including 12 years at The Motley Fool, where he served as an investment analyst, Bureau Chief, and later led the Fool.com investing news desk. He has also co-hosted an investing podcast and appeared across TV and radio discussing market trends.
© Photo by Spencer Platt/Getty Images
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