A selection of one kilogram silver bars at Conclude Zrt bullion dealer arranged in Budapest, Hungary, on Monday, Feb. 17, 2025. Akos Stiller | Bloomberg | Getty Images
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day:
1. Silver surfer
Silver is on a wild ride. After surging to record highs this year, the metal saw its biggest intraday swing in more than half of a decade yesterday. Here's the full story: Silver futures
The metal fell 15% from its highest to lowest points, its largest one-day move since August 2020.
That action can likely be chalked up to profit taking. Silver was still up more than 140% this year after Monday's drop.
Silver regained some ground in early trading this morning, with the metal last up more than 7%.
Elsewhere in metals, copper rose to fresh records yesterday and is on track for its best year since 2009.
Meanwhile, the stock market slid to kick off the final trading week of the year, with key artificial intelligence plays once again under pressure.
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