Stock Market 3 December 2025

Royal Bank of Canada shares ended down 0.36% at C$284.08 after the Office of the Superintendent of Financial Institutions (OSFI) reduced the Domestic Stability Buffer to 3.0% from 3.5%, giving major Canadian banks more lending capacity. The S&P/TSX Composite Index fell 0.3% to 34,857.34. Bombardier Class B shares rose 4.41% to C$314.87, with attention on Canada’s luxury tax, which generated C$913.4 million before being cut. In the U.S., markets were closed Friday for Juneteenth, so Thursday’s closes are the latest. Joby Aviation closed at $10.00, up $0.60, with high trading volume. Alphabet Class A shares gained 1.17% to $368.03, ending the week up 2.3%, while the Nasdaq Composite rose 2.4%. John Jumper, a key figure behind AlphaFold, is leaving Google DeepMind. Microsoft closed at $379.40, down 2.9% since June 12, lagging the S&P 500 and Nasdaq’s weekly gains. Micron’s earnings and new inflation data are upcoming catalysts. Nvidia shares rose 3.0% to $210.69, while SpaceX fell 3.6% to $185; Nvidia’s market cap is $5.14 trillion, more than double SpaceX’s $2.4 trillion. Bradesco’s preferred shares finished flat at R$17.47 after Brazil’s central bank cut the Selic rate to 14.25%. Investors are watching Bradesco’s profit recovery and credit-loss provisions. MDA Space shares climbed 4.4% after agreeing to buy Blue Canyon Technologies from RTX’s Raytheon for $620 million to expand in U.S. defense-space markets. U.S. indices ended Thursday higher, with the S&P 500 up 1.1% to 7,500.58, the Nasdaq up 1.9%, and the Dow up 0.1%.