Here’s your wrap for Mon, Dec 8 – Fri, Dec 12, 2025 (rounded to the dollar).

Weekly Market Summary:

Stocks spent the week digesting the Fed’s mid-week rate cut; the Dow powered to fresh records while the S&P 500 briefly set a record close on Thursday before slipping on Friday. Tech led Friday’s selloff after Broadcom’s margin outlook stoked fresh “AI bubble” worries and Oracle’s weak update weighed on software, leaving the S&P 500 down 1.1% and the Nasdaq off 1.7% on the day. Despite Friday’s drop, cyclicals and value pockets showed relative strength during the week as investors rotated away from the richest AI names. For the week, the Dow rose about 1% while the S&P 500 and Nasdaq slipped 0.6% and 1.6%, respectively. Small caps outperformed on the week even as Friday’s risk-off tone pulled the Russell 2000 lower.

Five Stocks Worth Watching:

• Broadcom (AVGO) — Big post-earnings drop on concerns about thinner margins on AI systems despite strong revenue; key barometer for AI hardware sentiment.
• Oracle (ORCL) — Ongoing pressure after revenue miss and cautious outlook; headline overhang for enterprise software and cloud-capex pacing.
• Warner Bros. Discovery (WBD) — Shares jumped earlier in the week amid reports of a hostile move from Paramount’s board; M&A path is a catalyst.
• Lululemon (LULU) — Spiked after raising profit forecasts; watch sustainability of demand and margin trajectory into holiday.
• CRH (CRH) — Set to join the S&P 500 later in December; index inclusion flows can drive near-term demand.

What The Prediction Markets Says (As Of November 21, 2025):

• Polymarket — Fed decision in January? (1% chance 50+ bps decrease, 21% chance 25 bps decrease, 77% chance no change)
• Kalshi — Who will Trump nominate as Fed Chair? (60% to Kevin Hassett, 33% to Kevin Warsh, 5% to Christopher Waller)
• PredictIt — Will Trump pardon Ghislaine Maxwell or commute her sentence before July 2026? (Yes @ $0.16, No @ $0.84)
• Smarkets — Trump To Serve Second Term In Full? (60.98% to Yes, 43.48% to No)
• Manifold — Will “Five Nights at Freddy’s 3” be released by the end of 2027? (63% to Yes, 27% to No)

Please note that stock market investments carry inherent risks, and past performance does not guarantee future results.

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