Wall Street closed mixed on Thursday, with financial and industrial stocks lifting two of the three benchmark indexes while tech stocks, particularly in AI, dragged one down. The Dow Jones Industrial Average rose 1.3%, the Nasdaq Composite fell 0.3%, and the S&P 500 added 0.2%. The fear gauge VIX decreased by 5.8%.

The tech sector faltered on Dec. 11 due to a 10.8% decline in Oracle Corporation’s stock, impacting major tech benchmarks. Concerns about AI demand and slowing cloud momentum overshadowed a softer Fed outlook. This led to a market tug-of-war between tech weakness and improving macro hopes, leaving markets cautiously optimistic.

Economic data for the week ending Dec. 6 showed initial jobless claims at 236,000, an increase of 44,000. Continuing claims were 1,838,000, a decrease of 99,000. Wholesale inventories for September increased by 0.5% after a 0.1% decrease in August. Treasury yields eased, with traders anticipating rate cuts in 2026 to support economically linked stocks.

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Read more at Nasdaq: Stock Market News for Dec 12, 2025