Stocks on Wall Street plunged on Friday as Broadcom's latest results added to concerns about an AI-fueled bubble, dampening optimism stoked by the Federal Reserve's less-hawkish-than-expected signals on 2026 rate cuts. In recent trading, the Dow Jones Industrial Average tumbled more than 200 points, or 0.5%, to 48,462.
Only the tech-heavy Nasdaq -- hands down the index leader for the third year in a row -- dipped slightly today.
Investors were moving away from tech stocks, and using that money to push other parts of the market to new records
The “January effect” for small-cap stocks now arrives in December.
U.S. indices remain flat as traders wait for the FOMC decision and press conference. Key levels across the Nasdaq 100, Dow Jones 30, and S&P 500 continue to hold, with pullbacks still viewed as potential buying opportunities within the broader uptrend.
In the closing of the recent trading day, Dow Inc. (DOW) stood at $23.11, denoting a +1.09% move from the preceding trading day.
The Bitwise 10 Crypto Index ETF (BITW) holds the following 10 digital assets: Bitcoin, ether, XRP, Solana, Chainlink, Litecoin, Cardano, Avalanche, Sui and Polkadot. This makes BITW the first ETF by a major crypto asset manager to include Cardano, Avalanche, Sui and Polkadot, Bitwise CEO and co-founder Hunter Horsley told CNBC.
US indices edge higher early Monday as traders position ahead of Wednesday's Federal Reserve decision. The NASDAQ 100, Dow Jones 30, and S&P 500 all lean bullish, with pullbacks viewed as buying opportunities while key support levels hold.
As 2025 draws to a close, the Dow Jones Industrial Average (DJIA) is having a superb year, up nearly 13% year to date.
The S&P 500, Dow Jones Industrial Average (Dow), and Nasdaq Composite are all stock market indexes used to measure the performance of various aspects of the U.S. stock market.
U.S. indices edge higher as the Nasdaq 100, Dow Jones 30, and S&P 500 all attempt to resume their upward momentum. The analyst views pullbacks as buying opportunities, noting seasonal bullishness and ongoing consolidation after a strong recent recovery.