U.S. Stock Market Today (Nov. 12, 2025): Dow Closes Above 48,000 as House Preps Shutdown Vote; Nasdaq Slips
The Dow closed at a record 48,254.82, up 0.7%, as traders rotated out of tech stocks ahead of a key House vote to end the U.S. government shutdown. The S&P 500 edged up 0.1%, while the Nasdaq fell 0.3%. Oil prices dropped more than 4%, gold rose 1.7%, and Treasury yields eased to around 4.07%.