Weekly Stock Market Update | Dow, S&P 500, NASDAQ News – December 09, 2025

This week, Wall Street saw varied performances in the stock market. The S&P 500 closed relatively unchanged with a slight dip of 0.09%, closing at 6,840.51. The Nasdaq Composite, on the other hand, gained 0.13% to close the day at 23,576.49. The Dow Jones Industrial Average fell by 0.38%, shedding 179.03 points and closing at 47,560.29. A primary driver of this downward tilt was a decline in JPMorgan shares due to higher-than-expected 2026 expense projections.

Market anticipation of a key interest rate decision and policy meeting from the Federal Reserve played a significant role in the market fluctuations. The market expects a further quarter-percentage point decrease in the key overnight lending rate, mirroring the cuts seen in September and October. This anticipated cut contributed to the Russell 2000 small-cap index reaching an all-time high, as small companies often benefit more from rate cuts due to their borrowing costs being more linked to market rates.

Notably, CVS was one of the winners this week with a 5% rise following a better-than-expected profit outlook for next year. In contrast, Netflix shares fell over 3% following a disruptive $108 billion hostile bid for Warner Bros. Discovery launched by Paramount, which dampens Netflix’s acquisition plans.

shares of Nvidia rose following reports of the Trump administration’s plans to approve the sale of the company’s powerful H200 chips to China. Concurrently, Broadcom shares spiked by nearly 3% hitting a record high owing to rumors of potential custom chip design dealings with Microsoft. Confluent shares also surged by almost 29% after an announcement from IBM expressing intentions to acquire the company in an $11 billion deal.

However, the Federal Open Market Committee (FOMC) is displaying signs of division over the path forward with uncertainty over whether to focus on labor markets or inflation, which could negatively impact stock markets.

This week, the US stock market awaits the Federal Reserve’s final policy meeting of the year, with investors expecting a 25 basis point rate cut from 3.75% to 4.00% to a new target of 3.50% to 3.75%, resulting from recent weaknesses shown in the labor market.

Stocks closed on Friday near record highs, with the S & P 500 just below the 6,900 mark. However, on Monday US stocks fell as the Dow Jones Industrial Average dropped 0.5%, the S&P 500 fell 0.4%, and the tech-heavy Nasdaq Composite declined by 0.1%.

In terms of corporate updates, the market is watching Oracle (ORCL), Adobe’s (ADBE), Broadcom (AVGO), and Costco (COST), all due to give their quarterly results this week. As of Friday, analysts predicted that Broadcom’s fiscal 2025 Q4 earnings-per-share (EPS) could increase 31% YoY to $1.86 on a revenue gain of 17.5% to $17.49 billion. Meanwhile, analysts expect Costco’s fiscal 2026 Q1 EPS to increase 5.8% YoY to $4.28 on an 8% gain in revenue to $67.17 billion.

In other corporate news, Nvidia’s (NVDA) stock rose following a report that the Trump administration could approve the sale of the company’s H200 chips to China. However, Netflix (NFLX) shares fell by over 3% as Warner Bros. Discovery (WBD) stock surged on news of Paramount launching a $108 billion hostile bid for the company.

Among other key stocks to watch is Oracle, which has recently been facing concerns over its numerous artificial intelligence deals. Its stock, which peaked at $346 in September, has since fallen, but traders believe that positive signals from the conference call could boost the stock. Additionally, Lululemon and Costco, both having underperformed this year, are also on investors’ radar. If positive, earnings results from these companies could potentially boost their stock prices.