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Stock Market 2 December 2025
U.S. stock markets were closed on Friday for Juneteenth, making Thursday the last trading day of the week. AT&T shares fell 1.9% to $22.01, marking a decline every session of the shortened week. Starbucks’ India joint venture plans to open 50 to 100 stores annually as part of its international growth strategy, with the CEO aiming to double non-U.S. presence. The Nasdaq rose 1.9% on Thursday, led by gains in chip stocks and optimism over signs of an interim U.S.-Iran deal. Air Canada shares rose 4.6% to C$24.20, just below a 52-week high, while AMC gained 6.4% to $2.83, up 21% from last Friday. Kioxia surged 12.07% in Tokyo, contributing to a strong week for Japan’s Nikkei index. Pfizer dropped 2.7% to $25.21 as CFO Dave Denton announced his departure, with Cecile Guegan stepping in as interim CFO. Rocket Lab ended at $107.24, up 4.7% for the week ahead of its Nasdaq-100 inclusion. Volkswagen shares fell 4.24% to €80.53 after going ex-dividend, with shareholders approving dividends and the CEO calling the coming years critical. ASML slipped 0.6% to €1,666.00 after stating it did not ship EUV machines or parts to China, responding to U.S. concerns. SoFi gained 2.81% to $17.91, up 8% for the week. Grab rose 3.48% to $3.57, outperforming the broader U.S. tech rebound. Marvell climbed 7.27% to $310.58 after a target hike and a photonics milestone, set to join the S&P 500. Infosys dropped 7% as Accenture cut its revenue outlook, with analysts citing weak client spending. Flex rose 3.13% to $147.61 and will join the S&P 500. Nokia fell 9.1% for the week amid focus on AI optical networks and licensing. T&T opened its first California store in San Jose and plans a larger Newark location. American Airlines rose 3.7% to $15.99, up 6.7% for the week as lower oil prices eased cost concerns. Take-Two jumped 4.93% to $239.28 after announcing GTA VI preorders, up nearly 13% for the week. TechnipFMC saw mixed institutional activity as investors await management updates and Q2 results.