SPX: S&P 500 Posts Fourth Losing Day in a Row. Nasdaq Wipes Out 1.8%

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2025.12.18 07:03
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The S&P 500 recorded its fourth consecutive loss, dropping 1.2%, while the Nasdaq fell 1.8%, marking its worst decline in nearly a month. Oracle led the declines with a 6% drop due to concerns over funding for its data-center expansion. Major tech stocks like Alphabet, Nvidia, and Tesla also fell around 3%. Traders are reducing exposure to AI trades, and Bitcoin continued its decline, falling below $85,000.