Stock futures fell on Monday, spurred by losses in technology, after the S&P 500 scaled to fresh record levels last week. S&P 500 futures slipped 0.3%, while Nasdaq-100 futures slid 0.5%. Futures tied to the Dow Jones Industrial Average traded down 72 points, or 0.2%. The artificial intelligence trade came under a bit of pressure in the premarket after key stocks posted solid weekly gains. Nvidia shares dropped more than 1%, as did Micron Technology, while Oracle declined more than 2%. In the last week, Nvidia rose more than 5%, while Micron and Oracle climbed around 7% and 3%, respectively. Those moves come after the S&P 500 on Friday hit an intraday high of 6,945.77 before ending the session just below breakeven. It has been a banner year on Wall Street, with the benchmark index up nearly 18% in 2025. The Dow has gained 14.5%, putting it on track for its strongest year since 2021. The Nasdaq Composite has outperformed year-to-date, up more than 22%. Wall Street is also in the throes of the Santa Claus rally period, a historically strong time for the stock market. Since 1950, the S&P 500 has averaged a gain of more than 1% between the last five trading days of the year and the first two of the new year, according to the Stock Trader’s Almanac. The economic data calendar is light for the week, but investors will get one more read into the Federal Reserve’s mindset heading into 2026. The central bank’s minutes from its December meeting are due for release on Wednesday at 2 p.m. ET. The U.S. 10-year Treasury yield was slightly lower on Monday as investors returned from the Christmas holiday. The yield on the 10-year Treasury slipped 2 basis points to 4.114%, while the yield on the 2-year Treasury was last seen more than 1 basis point lower at 3.471%. Asia-Pacific markets traded mixed on Monday as investors kicked off the final trading week of the year. Japan’s benchmark Nikkei 225 slid 0.44% to close at 50,526.92, while the Topix added 0.1% to 3,426.52. South Korea’s Kospi jumped 2.2% to end the trading day at 4,220.56, while the Kosdaq index advanced 1.4% to 932.59. Hong Kong’s Hang Seng index jumped 0.7%, while the mainland’s CSI 300 dipped 0.38% to 4,639.37. Australia’s S&P/ASX 200 was 0.42% lower, closing at 8,725.7. Oil prices rose by more than $1 on Monday as investors weighed talks between the U.S. and ‍Ukrainian presidents on a possible ‍deal to end the ‍war in Ukraine against potential oil supply disruption in the Middle East. Brent crude futures rose $1.22, or 2%, to $61.86 a barrel, while U.S. West Texas Intermediate crude was up $1.22, ‌or ‌about 2.2%, at $57.96. Both benchmarks fell by more than ​2% on Friday. One of the best trades of the year just staged a massive reversal overnight. Silver slid more than 3% on Monday, after topping $80 an ounce for the first time ever in overnight trading. The precious metal is still higher by more than 155% year to date. It started 2025 trading above just $20 per ounce. Silver futures were last trading around $75.41an ounce. That has helped the precious metal outperform even gold this year. Gold futures for February, which recently topped $4,550 for the first time ever this month, are higher by more than 70% this year. Gold futures were last down by about 1.5%.