US DJIA Rises Nearly 650 Points to Reach New Closing High Alongside S&P 500, While Oracle Falls 11%

Written by Emily J. Thompson, Senior Investment Analyst

Source: aastocks

Updated: Dec 11 2025

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Source: aastocks

Market Overview: US stocks exhibited mixed results, with the DJIA reaching new highs, closing up 646 points (1.3%) at 48,704, while the Nasdaq fell 60 points (0.3%) to 23,593 due to disappointing tech earnings.
Economic Indicators: Initial Jobless Claims rose to 236K, exceeding expectations, while Personal Spending for September was reported at 0.3%, matching forecasts but lower than the previous month.
Tech Sector Performance: Major tech stocks struggled, particularly Oracle, which saw an 11% drop after missing revenue expectations, while other AI-related stocks like Nvidia and Broadcom also declined.
Stock Upgrades and Movements: Visa was upgraded by Bank of America, leading to a 6% increase, and economic cyclical stocks like Home Depot rose by 1.8%, contrasting with the overall tech sector's poor performance.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.