Stocks Rebound, Tech Leads; Nike, Lamb Weston Slump
Update: 2025-12-19
Description
Stocks on Wall Street rallied Friday, recovering from earlier losses, with the S&P 500 and Dow Jones Industrial Average posting gains. Tech stocks, particularly AI-focused companies, drove the market upward. Oracle surged after forming a new TikTok U.S. joint venture. However, Nike and Lamb Weston slumped despite strong earnings, while Winnebago Industries soared. Homebuilders and consumer sentiment also showed mixed results. Despite a surprise cooling of inflation, economic data this week offered little clarity, keeping the market in a trading range since September.
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