NEW YORK, December 29, 2025, 22:07 ET — Market closed
- BlackRock shares rose 0.03% to $1,088.40, holding steady as U.S. stocks ended lower in thin year-end trading. 1
- Treasury yields eased and investors turned to Federal Reserve minutes due Tuesday for clues on the 2026 rate path. 2
- Before Tuesday’s session: Case-Shiller home prices, Chicago PMI and the $1,100 level on BLK are in focus. 3
BlackRock Inc shares edged up on Monday, ending nearly flat at $1,088.40 as Wall Street turned lower in holiday-thinned trading. 1
For BlackRock, modest moves in markets matter because they feed directly into assets under management (AUM) — the pool of client money it charges fees on. The firm oversees more than $13 trillion, Reuters has reported. 4
That sensitivity is in sharper focus into year-end, as traders re-price the interest-rate outlook ahead of the Federal Reserve’s December meeting minutes due on Tuesday. Shifts in rate expectations can swing risk appetite and portfolio values across equities and bonds — both key drivers for asset-manager fees. 5
The S&P 500 fell 0.35% on Monday and the Nasdaq dropped 0.50% as heavyweight technology shares retreated from last week’s gains, Reuters reported. 1
Hank Smith, director and head of investment strategy at Haverford Trust, said the tech pullback “it’ll turn out to be a buying opportunity.” 1
In rates markets, the 10-year Treasury yield slipped about two basis points — a basis point is one-hundredth of a percentage point — to around 4.114%, while the two-year yield was near 3.462%, Reuters reported. 2
Yields eased after data showed pending home sales rose 3.3% in November, beating expectations for a 1.0% gain and reaching the strongest level since February 2023, the National Association of Realtors said. Mortgage rates averaged 6.18% for a 30-year fixed loan, near the lowest since fall 2024, Reuters reported. 6
Other listed U.S. asset managers were slightly weaker on the day, with State Street down about 0.4%, Invesco down 0.4% and T. Rowe Price off about 0.2%.
BlackRock’s stock often moves with broad market levels because fee revenue generally grows when AUM rises and clients add money, especially to large index and exchange-traded fund franchises. The firm has also pushed further into private markets, which can bring higher fees but introduces more valuation and performance-fee swings, Reuters has reported. 4
Before Tuesday’s session, investors will watch the Fed minutes and weekly jobless claims in what Reuters called an otherwise data-light week, with markets also set to close on Thursday for New Year’s Day. MarketWatch’s calendar shows the S&P Case-Shiller home price index and the Chicago PMI survey due Tuesday morning. 1
On company catalysts, Nasdaq data show BlackRock is estimated to report earnings around Jan. 21, putting net flows and fee-rate trends back at center stage early in the new year. 7
Technically, BlackRock traded between $1,083.16 and $1,092.05 on Monday, leaving the $1,100 area as a near-term psychological level for traders to watch.
