December 16th overnight news summary

date
17/12/2025
1. The three major U.S. stock indexes collectively fell, with the Dow down 0.09%, the Nasdaq down 0.59%, and the S&P 500 down 0.16%. The Nasdaq Golden Dragon Index fell by 2.17%. 2. WTI crude oil futures fell by 1.08% to $56.82 per barrel. Brent crude oil futures fell by 0.92% to $60.56 per barrel. 3. The U.S. Treasury Department issued a general license authorizing transactions involving Belarusian potash companies. 4. The power struggle among the Federal Reserve chairman candidates intensifies, with concern over being too close to Trump. Hassett faces opposition from senior officials around Trump. 5. President Trump stated that after today's negotiations, an agreement to end the conflict appears closer than ever before. 6. According to Forbes, Musk became the first person in history to reach a net worth of $600 billion on Monday. It was previously reported that his startup company, SpaceX, is likely to go public with a valuation of $800 billion. On Monday, Tesla's stock price rose by 3.5%. 7. The Dutch pension fund PME, managing around $700 billion in assets, terminated its partnership with BlackRock. The reason cited was that an evaluation found that the latter no longer served its best interests in issues such as climate risk. 8. Nasdaq announced that it will file documents with the U.S. Securities and Exchange Commission on Monday to extend trading hours on weekdays to 23 hours.