U.S. Stock Market Today (Dec. 12, 2025): S&P 500 Futures Slip as AI Spending Jitters Return, Dow Holds Near Record Highs
Dow futures rose 82 points premarket Friday, while S&P 500 and Nasdaq futures fell after Broadcom warned of margin pressure from AI-related business. Broadcom shares dropped 5% premarket; AMD and Nvidia also slipped. Oracle shares fell 16.5% Thursday after announcing higher capital spending for 2026. The Dow and S&P 500 closed at record highs Thursday, while the Nasdaq declined.