Stock Market Live December 12: Trump to Ease Marijuana Regulation, S&P 500 (VOO) Flat
Yahoo Finance·2025-12-12 15:24

Group 1: Market Reactions - The Vanguard S&P 500 ETF (NYSEMKT: VOO) gained 0.25% following the Federal Reserve's interest rate cut of 0.25% [1] - Cannabis stocks such as Aurora Cannabis (Nasdaq: ACB), Canopy Growth (Nasdaq: CGC), and Tilray (Nasdaq: TLRY) saw significant premarket increases of 20%, 25%, and 38% respectively due to news of potential marijuana reclassification [2][3] - Nvidia (Nasdaq: NVDA) stock rose 0.5% premarket after the U.S. government indicated it would allow the export of H200 AI chips to China [4] Group 2: Company Earnings - Broadcom (Nasdaq: AVGO) reported fiscal Q4 2025 earnings of $1.95 per share, exceeding earnings estimates by eight cents, and achieved $18 billion in quarterly sales, surpassing revenue estimates by $500 million [5] - Broadcom provided a positive revenue guidance for fiscal Q1 2026, projecting $19.1 billion, which is also above estimates, although its shares fell 5% premarket [5]

Stock Market Live December 12: Trump to Ease Marijuana Regulation, S&P 500 (VOO) Flat - Reportify