2025-12-13
43 分钟You're listening to The Exchange.
Here's today's show.
God, thank you very much.
It's day three in the AI tech slide.
It's day two for fresh record highs elsewhere.
And it's day zero for AI regulation.
Welcome to The Exchange.
I'm Kelly Evans.
The Dow,
S&P and the Russell all hitting fresh records this morning before giving up those gains
as you can see there as the AI trade continues to suffer the Nasdaq's down one and a half percent.
We've also seen a big reversal in commodities with silver down more than 4% after closing at a record high yesterday.
Gold losing all of its gains just about on the flat line right now as well.
And yields continue to rise.
The 10 year is now above 418 and that's pushing the spread higher could be a good sign.
We're going to talk more about it.
The difference between the twos and tens continues and dividing to 65 basis points right now.
Rick Santelli will have more on that in just a bit.
So let's begin with this rough week for the AI trade as earnings,
geopolitics, credit fears are all underscoring the risks heading into 2026.