Market Overview - Major market benchmarks, including the S&P 500 and Dow Jones Industrial Average, set new record highs, reflecting investor enthusiasm about the economic outlook for 2026 [1][2] - The Nasdaq Composite remained in negative territory, indicating mixed performance across major indices [2] Stock Performance - Dow Jones Industrial Average: Increased by 1.34%, gaining 646 points [3] - S&P 500: Rose by 0.21%, adding 14 points [3] - Nasdaq Composite: Decreased by 0.25%, losing 50 points [3] Top Stock Losers - Oracle (ORCL): Experienced a significant drop of 11% after reporting quarterly earnings that, while better than expected, did not meet investor revenue expectations despite a 14% overall sales growth [5][6] - Robinhood Markets (HOOD): Fell by 9% following a report showing a 37% decline in equity trading volumes, marking the first monthly drop in assets under custody in nine months [7][8] Top Stock Gainers - Planet Labs (PL): Surged by 35% after reporting a 33% year-over-year revenue increase to $81 million and a 361% rise in remaining performance obligations to $672 million, indicating strong demand for its AI-enabled services [9][10] - Hecla Mining (HL): Increased by 12.56% as silver prices climbed above $64 per ounce, with expectations for further gains due to its inclusion in the S&P MidCap 400 index and the metal's role as an inflation hedge [11][12]
Biggest Stock Movers Today, Dec. 11: ORCL, PL, & More