Market Overview - The Nasdaq closed up by 1.31%, driven by a strong performance in the tech sector, while the S&P 500 and Russell 2000 also saw gains of 0.89% and 0.84% respectively. The Dow lagged with a modest increase of 0.34% [2] - During the midday session, 56.1% of U.S. stocks were advancing, indicating a positive market sentiment, with the Nasdaq, S&P 500, and Russell 2000 all vying for a close near 1% gains [3] Top Performers - Intuitive Machines surged by 33.6% after KeyBanc initiated coverage with a $20 price target, indicating strong investor interest in the space industry [4] - Amicus Therapeutics rose by 30.5% following the announcement of its acquisition by BioMarin in a $4.8 billion deal, highlighting significant M&A activity in the biotech sector [5] - CoreWeave increased by 21.5%, benefiting from a rebound in AI-related stocks and engagement with the Department of Energy on research efforts [5] Underperformers - Lamb Weston experienced a significant decline of 24.1% after reporting profit pressures in its latest quarterly results, reflecting challenges in the food sector [5] - BlackBerry fell by 13.2% following disappointing earnings, indicating ongoing struggles in the tech and software market [6] - Nike's stock dropped by 10.4% as investors reacted to the company's difficulties in the Chinese market, showcasing the impact of international market dynamics on performance [6] Sector Focus - The S&P 500's performance was notably influenced by AI-related stocks, with Oracle, Sandisk, Micron, and Advanced Micro Devices among the top performers, reflecting the growing importance of AI in the market [7]
Stock Market Today: Nasdaq Jumps 1.3% On Final Triple Witching of 2025
Yahoo Finance·2025-12-19 19:03