S&P 500 Today (Dec. 12, 2025): Index Slides From Record High as Broadcom and Oracle Rattle the AI Trade
Updated: Dec. 12, 2025 at 3:30 p.m. ET (prices as of ~3:27 p.m. ET). Wall Street’s winning streak hit a speed bump on Friday afternoon, with the S&P 500 pulling back roughly 1% from Thursday’s record close as investors rotated out of the mega-cap tech winners that have powered much of 2025’s rally. The catalyst: renewed anxiety that the market’s AI boom is getting ahead of itself—this time sparked by Broadcom’s margin warning and the lingering hangover from Oracle’s recent drop, all while Treasury yields ticked higher and the Federal Reserve’s rate-cut path remained a live debate. S&P 500 live snapshot (late afternoon) As of ~3:27 p.m. ET,