Dow Jones Today (Dec. 12, 2025, 3:30 PM ET): Dow Pulls Back From Record High as AI-Linked Tech Selloff Pressures Wall Street
The Dow Jones Industrial Average fell 0.4% to 48,487 by 3:30 p.m. ET Friday, reversing from a record high earlier in the session. Broadcom and Oracle shares slid on renewed concerns over AI profitability, while the S&P 500 and Nasdaq hit more than two-week lows. The 10-year Treasury yield rose to 4.19%. Kansas City Fed President Jeffrey Schmid opposed this week’s rate cut, citing persistent inflation.