Stocks Rise as Bitcoin Bounces Back | Closing Bell

Market Overview - The S&P 500 finished the day up approximately 17 points, or about 0.25%, while the Dow Jones Industrial Average rose by over 180 points, or 0.4% [6] - The Nasdaq Composite increased by about 0.6%, and the Nasdaq 100 saw an increase of approximately 0.8% [7] - The Philadelphia Semiconductor Index rose nearly 2% [7] Sector Performance - Only three sectors finished in the green, with the information technology sector rising about 0.8% [9] - Eight sectors closed in the red, with energy, materials, utilities, and healthcare leading the losses [9] Notable Gainers - Boeing was the top gainer in the S&P 500, up 10%, as the company expects to generate positive free cash flow by 2026 [10][11] - Intel was the second-largest gainer in the S&P 500 and the top gainer in the Nasdaq 100, with an increase of 8.6%, driven by speculation of a potential deal with Apple [12][13] - Shopify saw a rise of about 5% after reporting record sales of $14.6 billion during the Black Friday and Cyber Monday weekend, representing a 27% increase from the previous year [14] Notable Decliners - Block (formerly Square) was the worst performer in the S&P 500, down 6.6%, due to flagged weakness in gross payment volume for its square segment [15][16] - American Bitcoin shares fell as much as 51% during the session, ultimately closing down 39% after the release of restricted shares [16][17] - Signet Jewelers shares slid by 6.8% after the company provided a cautious fourth-quarter sales forecast, indicating potential softness in consumer confidence [18][19] Earnings Reports - GitLab's stock fell about 8% in after-hours trading despite reporting adjusted EPS of $0.25, slightly better than expectations, and revenue of $244.4 million, which was below estimates [22] - Marvell Technology announced it would acquire Celestial Air, but shares fell by about 2% in after-hours trading [23]