Stock indexes closed mixed on Thursday, with the S&P 500 reaching a 6-week high and the Dow Jones setting a new record. Jobless claims rise led to lower bond yields, benefiting the market. Healthcare shares rallied, boosting the Dow. The Nasdaq 100 fell due to Oracle’s disappointing results impacting AI stocks.

US jobless claims hit a 3-month high, trade deficit unexpectedly shrank to the smallest in over 5 years. Markets see a 24% chance of a Fed rate cut in January. Q3 earnings show 83% of S&P 500 firms exceeded forecasts. Overseas markets closed mixed, with Euro Stoxx 50 rising and China’s Shanghai Composite falling.

Interest rates: 10-year T-notes rose, yields fell. Europe’s bond yields dropped. Swaps predict a 1% chance of an ECB rate cut in December. Cruise and healthcare stocks surged, while fertilizer and chip makers declined. Oracle’s poor results led to a significant drop in its stock price.

Oxford Industries, Lovesac Co, Stellantis NV, and Intuitive Surgical saw declines. Gemini Space Station soared after approval for a derivatives exchange. Ciena Corp and Visa had strong gains, while Abercrombie & Fitch received a buy rating. West Pharmaceutical Services also rose. Earnings reports for 12/12/2025 include Johnson Outdoors, SR Bancorp, and Value Line Inc.

Read more at Nasdaq: Most Stocks Recover from Oracle Sell-Off