Shares slip as Fed minutes loom in thin year-end trade

NEW YORK, December 30, 2025, 11:30 ET — Regular session

  • IBM shares down about 0.5% in late morning trade, hovering near the $300 level.
  • Investors await the Fed’s meeting minutes due at 2 p.m. ET for clues on the 2026 rate path.
  • An SEC filing showed a director amended a prior insider report tied to deferred board fees.

International Business Machines (IBM.N) shares slipped about 0.5% on Tuesday. At 11:15 a.m. ET, the stock was down $1.63 at $304.11, after trading between $302.73 and $306.24 and opening at $306.15. Volume was about 462,000 shares.

The move matters now because year-end trading is typically thin, and modest shifts in risk appetite can push large-cap names around. For IBM, the market’s view on interest rates also feeds into…

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