The Nasdaq Composite rose 0.7% and the S&P 500 gained 0.3% on Friday, led by a 10.8% surge in Amazon shares after the company said cloud revenue climbed 20% in the third quarter and beat estimates, lifting tech names broadly.
The Dow traded up 60 points. Palantir and Oracle added 3% and 2.8%, repsectively, on AI optimism and Nvidia also traded higher. Elsewhere, Netflix rallied 2.9% on an announced 10 for 1 stock split and Tesla jumped 3.1%. Energy names diverged as Chevron rose 1.9% on stronger earnings and Exxon Mobil slipped 1.5% after a profit decline.
On the other hand, Meta fell 2.7% and has lost nearly 15% since laying out higher capex for next year. AbbVie slid 4.5% after flagging potential impacts from proposed drug pricing cuts. The three major indexes closed October with solid gains, with the Nasdaq surging 4.9% as AI deal activity continued to underpin the Magnificent Seven rally.
Source: Trading Economi
European stocks ended mixed on the last trading day of the year. The pan-European Stoxx 600 index closed a shortened trading session 0.1% lower on Wednesday, with most sector indexes in negative terr...
Stocks were little changed Wednesday as Wall Street got ready to close out a bumper year for equities. Stocks are riding a three-session losing streak, although the declines have been mild and the S&...
Happy New Year 2026 Newsmaker.id...
European equities traded at all-time highs on the final day of 2025, setting the stage for their strongest year since 2021, driven by gains in banks and miners. The STOXX 50 rose 0.5% to near a record...
US stock futures edged lower on the final trading day of 2025, as markets prepared to close a turbulent year marked by uncertainty over President Trump's tariffs and enthusiasm around AI-driven gains....
Oil prices fell on Wednesday (December 31st), posting a nearly 20% annual loss, as expectations of oversupply grew in a year marked by war, higher tariffs, increased OPEC+ production, and sanctions against Russia, Iran, and Venezuela. Brent crude...
Gold (XAU/USD) prices fell slightly on the final trading day of 2025, trading near $4,310 per troy ounce during Wednesday's European session. Non-yielding precious metals, including gold, lost ground after the minutes of the Federal Open Market...
European stocks ended mixed on the last trading day of the year. The pan-European Stoxx 600 index closed a shortened trading session 0.1% lower on Wednesday, with most sector indexes in negative territory. The U.K.'s FTSE 100 ended the day down...
Tensions between Iran and Israel have escalated again after a series of military escalations involving airstrikes and missile retaliation. Iranian...
President Donald Trump said the US attacked a facility inside Venezuela, which would be a significant escalation in his campaign against alleged...
President Donald Trump held a phone call with Russian President Vladimir Putin on Monday to discuss efforts to end the war in Ukraine, according to...
The US Federal Reserve agreed to cut interest rates at its December meeting only after a highly nuanced debate about the current risks facing the US...