Dow Jones Industrial Average drops as AI concerns and Bitcoin slide pressure markets
The Dow Jones Industrial Average (DJI) stumbled out of the blocks in December, falling 200 points and chalking in a soft technical barrier at the 47,600 level. December is historically a strong month for equity markets, but traders are facing a collection of sentiment headwinds as they wrap up the 2025 trading year following a volatile November.
Read MoreStock market today: Dow, S&P 500, Nasdaq slip, bitcoin plummets in rocky start to December
The US manufacturing sector contracted for the ninth straight month in November, according to data released Monday by the Institute for Supply Management.
The Manufacturing PMI registered at 48.2 for November, against a reading of 48.7 in October, as the Trump administration’s tariff policies continued to roil a sector that imports a large amount of materials.
Read MoreBattle of the S&P 500 ETFs: How VOO Compares to SPY on Fees, Yield, and Risk
Key Points
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The Vanguard S&P 500 ETF charges a lower expense ratio than the SPDR S&P 500 ETF Trust, making it more cost-efficient for long-term investors.
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Both funds mirror the S&P 500 with nearly identical sector exposures and performance over one and five years.
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VOO manages more assets,
» Read more about: Battle of the S&P 500 ETFs: How VOO Compares to SPY on Fees, Yield, and Risk »
Read MoreTime to Sell Nvidia Stock as Michael Burry Takes Aim?
© Photo by Astrid Stawiarz/Getty Images
Nvidia (NASDAQ:NVDA) stock has been through plenty of rough patches before, but something certainly feels more ominous this time around, with shares failing to sustain a rally after a record quarter and an upbeat tone from its CEO,
» Read more about: Time to Sell Nvidia Stock as Michael Burry Takes Aim? »
Read MoreCentury-Old Dow Theory Flashes Bullish Sign for US Equity Rally
(Bloomberg) — Equity traders looking for signs that a blistering stock-market advance is set to continue may take their cue from the companies that move goods across America’s roads, rails and waterways.
The Dow Jones Transportation Average has gained for nine consecutive days, a winning streak seen just five other times this century.
» Read more about: Century-Old Dow Theory Flashes Bullish Sign for US Equity Rally »
Read MoreThe Burst
Oh, That Can’t Be Good
Usually, we talk about interesting stocks that may be on the cusp of growing revenues, profits or share price rapidly on a Tuesday but today we’re breaking from our regular programming to flag a major concern that could affect consumers. And because consumer spending is widely regarded to constitute about 70% of GDP, anything that affects it has a material impact on the broader stock market.
» Read more about: Oh, That Can’t Be Good »
Read MoreThe Ivy
Is Buffett Finally Going to Split Berkshire Stock?
Berkshire Hathaway Class A (NYSE:BRK.A) shares are far and away the most expensive shares in the American stock market. Each Class A share of Warren Buffett’s conglomerate currently trades at over $705,000.
By now, the vast majority of companies would’ve gone through many stock splits to keep their shares affordably priced for retail investors.
» Read more about: Is Buffett Finally Going to Split Berkshire Stock? »
Read MoreThe Spotlight
