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That's a reversal from its performance shortly after the opening bell, when the Dow was on pace for its largest three-day outperformance against the Nasdaq since March 10. Earlier in the day, the Dow had also been on track for another record high.
Friday wasn’t a great day on Wall Street, but maybe not too surprising, since it’s a retreat from Thursday’s all-time highs. Three major indexes closed at record peaks: the Dow, S&P 500 and the Russell 2000, which tracks small- and mid-sized companies. For the S&P, it was record-high number 37 this year.
The S&P 500 index narrowly missed a fresh record close Wednesday and the Dow Jones Industrial Average finished with strong gains after the Federal Reserve’s decision to deliver a final quarter-point rate cut for 2025,
The Dow Jones Industrial Average, the price-weighted index that tracks the 30 most prominent companies in America, is a benchmark of the U.S. economy. It's not as broadly diversified as the market cap-weighted S&P 500, but it's still a good starting point for finding a few blue chip stocks that can deliver dependable long-term returns.
Wall Street experienced a pullback on Friday, December 12, 2025, with major indexes declining after reaching record highs. Stocks caught in the AI frenzy, including Broadcom, saw significant drops, despite some companies reporting strong profits.
Shares of Caterpillar and NVIDIA Corp. are trading lower Friday morning, dragging the Dow Jones Industrial Average into negative territory. The Dow was most recently trading 162 points (0.3%) lower, as shares of Caterpillar and NVIDIA Corp.
Major stock indexes ended mixed Thursday, with the Dow Jones Industrial Average and S&P 500 closing at record highs but the Nasdaq pulling back as Oracle results dragged AI-tied shares.
As of December 11, 2025, the index has risen 10.32% during the previous 12 months and 14.89% so far in 2025. It climbed by 13.62% during the last six months, maintaining its gain of 1.62% last month.
The S&P 500 and the Dow boasted record closing highs on Thursday after a Federal Reserve policy update that was less hawkish than expected while the tech-heavy Nasdaq underperformed as Oracle's financial update made investors wary of artificial intelligence bets.
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