Stock futures traded near the flatline Tuesday after a strong start to a shortened trading week. Futures tied to the Dow Jones Industrial Average lost 40 points, or 0.1%. S&P 500 futures declined 0.1%, as did Nasdaq 100 futures. The S&P 500 is coming off of its third winning session, boosted by a 1.5% jump in chipmaking giant Nvidia and advances in Micron and Oracle. Ten out of 11 sectors saw gains in the session. Materials and financials were the top-performing sectors, with Newmont and Freeport-McMoRan jumping 3% as gold and silver futures hit records. The 30-stock Dow advanced about 228 points, or 0.5%, while the tech-heavy Nasdaq Composite climbed 0.5%. “This market is still rather healthy. Valuations are not high enough at this level. We don’t see the frothiness that we saw back then, and the commercial aspect is so much better now than it was in the late ’90s,” Chris Harvey, head of equity and portfolio strategy at CIBC Capital Markets said on CNBC’s “Closing Bell,” comparing the hype around AI stocks to the froth of the dot-com bubble. Harvey noted that unlike the internet investment craze of the late 1990s, financials have led the market higher in recent weeks as investors have rotated into cyclical areas of the market. JPMorgan Chase shares have also outperformed a sizable portion of tech names over the past three and five years, Harvey pointed out. The New York Stock Exchange will close early on Wednesday at 1 p.m. ET on Christmas Eve and will be closed Thursday for Christmas Day. Treasury yields were lower on Tuesday as traders looked ahead to key economic data as well as the sale of U.S. debt later in the day. Yields on the benchmark 10-year Treasury yield were down by 2 basis points at 4.151%. The yield on the 2-year Treasury note lost less than 1 basis point to 3.495%. The 30-year bond yield declined more than a basis point to 4.826%. Asia-Pacific markets climbed Monday as investors parsed China’s central bank’s decision to keep its loan prime rates steady. Hong Kong’s Hang Seng index rose 0.55%, while the mainland CSI 300 advanced 0.95% to close at 4,611.62. Australia’s S&P/ASX 200 rose 0.91% to end the trading day at 8,699.9. Japan’s Nikkei 225 rose 1.81% to 50,402.39 while the Topix was 0.64% higher at 3,405.17. The Bank of Japan raised its policy rate by 25 basis points to 0.75% —a three-decade high— last Friday. South Korea’s Kospi jumped 2.12% to 4,105.93, and the small-cap Kosdaq rose 1.52% to 929.14. Oil prices were little changed on Tuesday as potential ‍sales of Venezuelan ‍crude seized by the ‍United States were countered by heightened supply disruption fears after Ukrainian attacks on Russian vessels and piers. Brent crude futures rose 7 cents to $62.14 a barrel by 0959 ‌GMT. ‌U.S. West Texas Intermediate (WTI) crude was up 4 ​cents at $58.05. Prices had risen by more than 2% on Monday, with Brent registering its biggest daily gain in two months and WTI climbing the most since November 14. Gold touched a record high on Tuesday, ‍just shy of breaching ‍the $4,500 per-ounce threshold, as ‍a weaker dollar and persistent geopolitical uncertainty boosted demand for the safe-haven metal, while silver continued its rally to an all-time peak. Spot gold rose 1% to $4,488.94 per ounce after hitting a record $4,497.55 earlier ​in the session. U.S. gold futures for February delivery rose 1.1% to $4,520.10.