U.S. Stock Market Today (Nov. 12, 2025): Dow Closes Above 48,000 as House Preps Shutdown Vote; Nasdaq Slips
The Dow hit a fresh record above 48,000 on Wednesday while the S&P 500 was little changed and the Nasdaq dipped, as traders rotated out of mega‑cap tech ahead of a House vote that could end the historic U.S. government