Connect with us

Hi, what are you looking for?

Top Stories

U.S. Markets Plunge: S&P 500 Drops 1.2% Amid AI Stock Slump

UPDATE: Major U.S. stock indexes are experiencing significant declines as of December 17, 2025, with Wall Street facing its fourth consecutive loss—marking the worst performance in nearly a month. The S&P 500 plummeted by 1.2%, closing at 6,721.43, while the Dow Jones Industrial Average dropped 0.5% to 47,885.97. The Nasdaq Composite saw the steepest decline, falling 1.8% to 22,693.32.

The downturn is primarily fueled by a continued slump in the artificial intelligence sector, with Nvidia weighing heavily on the S&P 500. Despite some gains in sectors like oil, driven by rising crude prices amid President Donald Trump’s escalating tensions with Venezuela, the overall market sentiment remains bearish.

For the day, the S&P 500 lost 78.83 points, while the Russell 2000 index of smaller companies decreased by 1.1%, or 27.01 points, closing at 2,492.29.

In a broader context, the S&P 500 has declined 105.98 points, or 1.6%, over the past week. The Dow is down 572.08 points, or 1.2%, and the Nasdaq has fallen 501.85 points, or 2.2%. Meanwhile, the Russell 2000 index is down 59.16 points, or 2.3%.

Despite these recent setbacks, the year-to-date performance remains positive. The S&P 500 is up 839.80 points, or 14.3%, while the Dow has risen 5,341.75 points, or 12.6%. The Nasdaq shows an increase of 3,382.53 points, or 17.5%, and the Russell 2000 index has gained 262.14 points, or 11.8%.

Investors are advised to keep a close watch on the AI sector and geopolitical developments as they may further influence market dynamics. The situation is evolving, and more updates are expected as analysts evaluate the impact of these trends on the economy.

Stay tuned for the latest updates on this developing story.

You May Also Like

Science

The prophecies of the 16th-century French astrologer Nostradamus continue to captivate audiences as we approach 2026. His cryptic insights, compiled in his 1555 publication...

Top Stories

UPDATE: Authorities have charged 27-year-old Steven Tyler Whitehead with murder following a tragic shooting that critically injured Kimber Mills, a senior cheerleader at Cleveland...

Top Stories

UPDATE: In a stunning turn of events, 18-year-old influencer Piper Rockelle has shattered the previous OnlyFans earnings record set by fellow content creator Sophie...

Top Stories

UPDATE: NASA is inviting everyone on Earth to send their name to the Moon aboard the Artemis II mission, set to launch no later...

Top Stories

UPDATE: Pop superstar Ariana Grande is on the road to recovery after testing positive for COVID-19. Her brother, Frankie Grande, shared the encouraging news...

Sports

The UFC event in Abu Dhabi on July 26, 2025, featured a record-breaking performance from Steven Nguyen, who achieved an unprecedented feat by knocking...

Entertainment

**Kat Izzo Defends Relationship with Dale Moss Amid Controversy** Kat Izzo, a contestant from the reality series *Bachelor in Paradise*, publicly affirmed her relationship...

Entertainment

The upcoming Netflix series, Bon Appétit, Your Majesty, is making headlines due to a significant casting change just ten days before filming commenced. Originally...

Top Stories

UPDATE: Sydney Sweeney’s Baskin-Robbins advertisement is making waves online as backlash intensifies over her recent American Eagle campaign. Just days after critics condemned the...

Lifestyle

Shares of **Amerant Bancorp** (NYSE:AMTB) received an upgrade from Wall Street Zen on March 10, 2024, transitioning from a hold rating to a buy...

Top Stories

UPDATE: Chicago Cubs designated hitter Kyle Tucker may have just played his last game for the team as free agency approaches. Following the Cubs’...

Top Stories

URGENT UPDATE: Affordable motorcycle helmets under ₹1000 are now available for safety-conscious riders across India. With road safety becoming a pressing issue, these helmets...

Copyright © All rights reserved. This website provides general news and educational content for informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the information presented. The content should not be considered professional advice of any kind. Readers are encouraged to verify facts and consult appropriate experts when needed. We are not responsible for any loss or inconvenience resulting from the use of information on this site.