Pre-Market Report – Tuesday 23 December: US markets push higher in thin trade | SPI up 14

The S&P 500 rose on Monday, lifted by strength in artificial intelligence stocks, kicking off a shortened holiday week on a positive note. The index gained 0.64% to 6,878.49, marking its third straight day of gains. The Dow Jones added 0.47%, while the Nasdaq Composite climbed 0.52%.

AI-linked stocks led the rally, with Nvidia up more than 1% on reports it plans to resume shipments of H200 chips to China by mid-February. Micron Technology jumped about 4% and Oracle rose more than 3%.

The move follows a mixed week on Wall Street. A late surge in technology shares helped the S&P 500 and Nasdaq notch their third positive week in four, while the Dow — the month’s outperformer — snapped a three-week winning streak.

SPI up 14 - Gold and silver hit new records.

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