Markets Rebound as Tech Stabilizes, Investors Brace for Key Economic Data

Market Performance - U.S. equity markets opened higher on December 15, 2025, indicating a cautious rebound after a challenging previous week marked by significant declines in technology shares [1] - The S&P 500 rose 0.3%, the Dow Jones Industrial Average added 150 points (0.3%), and the Nasdaq Composite climbed 0.4% in early trading, suggesting a partial recovery for the technology sector [2] - The previous week saw the S&P 500 fall 1.1%, the Nasdaq Composite decline 1.7%, and the Dow Jones Industrial Average drop 0.5%, primarily due to a sell-off in technology and AI-related stocks [3] Upcoming Economic Data - The week of December 15-19, 2025, is critical for market direction with several high-impact economic reports and corporate earnings announcements scheduled [4] - Key economic data to be released includes the delayed November jobs report on December 16, which will cover nonfarm payrolls and the unemployment rate, as well as October retail sales data [5] - On December 18, the Consumer Price Index (CPI) for November will be released, along with preliminary manufacturing and services PMI readings for December [6] Corporate Earnings Reports - Notable companies set to release earnings include Micron Technology, Jabil, and General Mills on December 17, followed by Accenture, Nike, Cintas, FedEx, Heico, and Darden Restaurants on December 18 [7] Corporate News and Stock Movements - iRobot Corp. shares plummeted 81% after filing for Chapter 11 bankruptcy protection, with control shifting to its primary manufacturer, Picea Robotics [9] - ZIM Integrated Shipping Services shares rose 6% following reports of a takeover bid from MSC [9] - Amphastar Pharmaceuticals shares increased by 4% after receiving FDA approval for a new drug application [9] - Sanofi S.A. experienced a 3% decline due to news regarding its Phase 3 trials [13] - ServiceNow and Adobe Inc. shares slipped 3% and 2% respectively after downgrades by KeyBanc, citing competitive pressure from AI tools [13] - Broadcom Inc. shares tumbled 11.4% despite strong revenue, as investors focused on margin concerns related to AI sales [13] - Oracle Corp. fell 11-13% due to concerns about data center project delays [13] - Nvidia Corp. declined 3.3% but showed signs of stabilization with a 1.5% rise in early trading [13] - Lululemon Athletica Inc. shares jumped 9.6% on positive guidance and a CEO transition [13] - Wipro Limited announced a strategic partnership with Microsoft for enterprise AI adoption [13] - Canopy Growth Corporation announced its acquisition of MTL Cannabis Corp. for approximately $125 million [13] - Spirit Airlines announced an amendment to its DIP Credit Agreement, providing an additional $100 million for restructuring [13]