Stock market today: Dow, S&P 500, Nasdaq rise as Oracle, Nvidia lead AI trade resurgence
Yahoo Finance·2025-12-19 21:04

Group 1 - US stocks experienced a rebound with the S&P 500 rising 0.8% and the Nasdaq Composite gaining over 1.3% after a recent losing streak, driven by signs of cooling inflation and reduced AI concerns [1] - The S&P 500 and Nasdaq recorded weekly gains of 0.1% and 0.4% respectively, while the Dow Jones fell 0.6% during the last full week of trading in 2025 [2] - Oracle's stock surged following a deal with China's ByteDance to create a US TikTok joint venture, while Nvidia's shares rose on news of the US reviewing sales prospects for its H200 chips in China [3] Group 2 - Nine pharmaceutical companies reached agreements with the Trump administration to lower drug prices for some Americans in exchange for a three-year tariff exemption on their products [4] - A more favorable inflation outlook and a weakening job market have led to renewed hopes for continued easing by the Federal Reserve, with traders betting on two rate cuts next year [5] - The benchmark 10-year Treasury yield rose to 4.15% as global bond markets reacted to the Bank of Japan's interest rate hike, marking the highest level since 1995 [6]