Stock Market Live December 30: S&P 500 (VOO) Keeps Sliding, Gold and Silver Bounce Back

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Today’s biggest news concerns a rather small company, newspaper firm Lee Enterprises (NYSE: LEE), which is up double digits on news that Floridian billionaire David Hoffmann is leading a group of investors making a $50 million investment in Lee stock.

Lee’s market capitalization is only $23 million.

In return for the investment, of which Hoffmann will contribute at least $35 million, the billionaire will be named chairman of the board at Lee. The company’s CEO Kevin Mowbray will retire, and the COO Nathan Bekke will take over as interim CEO.

Lee notes that the capital infusion from Hoffmann, et al., will lower the interest rate it must pay on its debt by nearly half, to 5%, “materially improving the Company’s capital structure and cash flow outlook.”

Lee stock is up more than 25% on the news.

Gold, silver, copper — what other commodities might profit investors in 2026? Well, have you considered… salt?

Freedom Capital Markets analyst David Silver has. This morning he raised his price target on salt and potash producer Compass Minerals International (NYSE: CMP) to to $24 with a buy rating.

“CMP’s valuation appears increasingly sensitive to prospects for operating cash flow generation / deleveraging while multiyear upgrades and operating efficiency improvements are implemented at both its crown jewel Goderich salt mine and Great Salt Lake brine-based specialty fertilizer production,” says Silver.

The stock is unprofitable over the last 12 months and costs 48 times projected earnings, but only 7.1x EV/EBITDA based on fiscal 2026 estimates, and Silver thinks that’s cheap.

Continuing the theme of commodity popularity, Argus analyst John Eade this morning upgraded shares of BHP Group (NYSE: BHP) to buy with a $68 price target.

BHP makes most of its money from mining iron ore, but copper is a close second, and the company also mines coal — often at a profit. According to Eade, the prices of all three commodities are “firming as the global economy picks up,” and BHP stock has outperformed the S&P 500 in 2025.

This article will be updated throughout the day, so check back often for more daily updates.

The Vanguard S&P 500 ETF (NYSEMKT: VOO) started the week with a loss of 0.35% yesterday, and is down again premarket Tuesday, albeit less than 0.1%. Popular AI plays such as Nvidia (Nasdaq: NVDA) and Palantir (Nasdaq: PLTR) both lost investors money yesterday.

But the bigger news is in commodities.

Commodities report

Gold and silver prices both slumped on Monday as investors cashed out big gains won earlier in the year. This morning, though, the bargain hunters emerged. According to CNBC data, though, silver is making good essentially all of its losses from yesterday and trading 7% higher premarket at more than $75 an ounce. Gold prices are up more than 1% at $4,395 an ounce. Newmont Corporation (NYSE: NEM), not just a gold and silver miner but an S&P 500 component company, too, is trading 2.3% higher premarket.

The other big commodity news today is copper. Demand for electricity to power artificial intelligence data centers (copper is a great conductor of electricity) has copper on track for about 41% better prices at year-end than at the start of 2025. The metal is trading 1.5% higher this morning at $12,405 per metric ton.

Freeport-McMoRan (NYSE: FCX), one of the world’s biggest copper miners and an S&P 500 component company as well, is up nearly 2% this morning.