US Markets: DJIA Drops 302 Points, S&P 500 Declines for Third Consecutive Day; Tesla Surges 3% to New Record High
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 16 2025
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Source: aastocks
Economic Data Overview: The US added 64,000 non-farm jobs in November, surpassing expectations, while October retail sales remained flat, missing forecasts.
Market Performance: US stock markets showed mixed results; the DJIA and S&P 500 closed lower, marking a three-day losing streak, while the Nasdaq gained slightly due to Tesla's performance.
Jobless Claims Update: Initial Jobless Claims for December 6 in the US rose to 236K, exceeding the previous value of 192K and the forecast of 220K.
Tesla and AI Stocks Movement: Tesla's stock rose 3.1% to a record high, while AI-related stocks like Nvidia, Oracle, and Broadcom also saw gains.
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.
