Nasdaq Stock Market Today (Dec. 17, 2025): Nasdaq Composite Slides 1.81% on AI Funding Jitters; Medline IPO Pops, Micron Jumps After Hours
The Nasdaq Composite dropped 418.14 points, or 1.81%, to 22,693.32 on Wednesday, its lowest close in three weeks, as concerns over AI infrastructure spending hit tech and chip stocks. Oracle fell 5.4% after Blue Owl Capital reportedly withdrew from a $10 billion Michigan data center project. Decliners outnumbered advancers more than 2-to-1. Nvidia and Broadcom lost 3.8% and 4.5%, respectively.