NEW YORK (AP) — Stocks rose in morning trading on Wall Street Friday and further trimmed losses from earlier in the week for several major indexes.
The S&P 500 jumped 0.8%, adding to gains made on Thursday.
Cloudy skies with periods of light rain this afternoon. High 61F. Winds SSW at 10 to 15 mph. Chance of rain 80%..
Cloudy. Some light rain is likely. Potential for heavy rainfall. Low around 55F. Winds SSW at 5 to 10 mph. Chance of rain 90%.
Updated: December 19, 2025 @ 7:46 am
NEW YORK (AP) — Stocks rose in morning trading on Wall Street Friday and further trimmed losses from earlier in the week for several major indexes.
The S&P 500 jumped 0.8%, adding to gains made on Thursday.
The Dow Jones Industrial Average rose 283 points, or 0.6%, as of 10:05 a.m. Eastern. The Nasdaq jumped 1% and is now on track for a weekly gain.
Technology stocks with an focus on artificial intelligence once again led the market. Nvidia jumped 3.4% and Broadcom rose 2.4%.
Oracle rose 7% on news that it, along with two other investors, had signed agreements to form a new TikTok U.S. joint ventur e. Oracle, Silver Lake and MGX each get a 15% share in the popular social video platform, ensuring that it can continue operating in the U.S.
Company earnings and how companies are performing amid tariffs and inflation were a key focus for Wall Street.
Nike slumped 9.6%, as the impact from tariffs overshadowed an otherwise strong quarterly profit report. Frozen potato maker Lamb Weston fell 19.8%, despite also beating Wall Street's profit and revenue forecasts.
Winnebago Industries jumped 10.7% after turning in profits and revenue for its latest quarter that easily beat analysts’ estimates.
Japanese stocks rose after the Bank of Japan raised its benchmark interest rate to its highest level in 30 years. In Tokyo, the Nikkei 225 gained 1%, leading the rise across Asia's key markets. Markets in Europe also gained ground.
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AP Business Writer Matt Ott contributed.
Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
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