Benzinga·2025-12-12 07:07Market Sentiment - The CNN Money Fear and Greed index improved to a reading of 46.3, moving into the "Neutral" zone from a prior reading of 40.0, indicating a shift in market sentiment [6] - U.S. stocks mostly closed higher, with the Dow Jones gaining over 600 points as investors shifted from expensive tech stocks to industrials, financials, and healthcare [1][4] Company Performance - Oracle Corp. shares fell approximately 11% following disappointing earnings and guidance, while Nvidia Corp. and Broadcom Inc. both declined by 1.6%, and Intel Corp. dropped by 3.1% [2] - Investors are anticipating earnings results from Johnson Outdoors Inc. and Rent the Runway Inc. [5] Economic Data - U.S. initial jobless claims increased by 44,000 to 236,000, exceeding market expectations of 220,000 [3] - The U.S. trade deficit narrowed to $52.8 billion in September from $59.3 billion in August, better than the market estimate of $63.3 billion [3] - U.S. wholesale inventories rose by 0.5% to approximately $911.5 billion in September, following a revised 0.1% gain in August [3] Sector Performance - Most sectors in the S&P 500 closed positively, with industrials, materials, and financials showing the largest gains, while communication services and information technology sectors closed lower [4] - The Dow Jones closed at 48,704.01, up around 646 points, while the S&P 500 gained 0.21% to 6,901.00, and the Nasdaq Composite fell 0.25% to 23,593.86 [4]