financetom
Market
financetom
/
Market
/
US Equity Markets Mixed Amid Decline in Mag-7 Stocks, Likely Resolution to Govt Shutdown
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Equity Markets Mixed Amid Decline in Mag-7 Stocks, Likely Resolution to Govt Shutdown
Nov 12, 2025 1:40 PM

04:24 PM EST, 11/12/2025 (MT Newswires) -- US equity indexes were mixed on Wednesday amid a decline in all of the Magnificent-7 stocks and expectations of a vote to end the longest federal shutdown in the country's history.

* The federal government could reopen by the end of the week after the Senate passed a spending bill late Monday, sending it to the House for final approval. House Majority Leader Steve Scalise told CNBC on Wednesday that a vote is expected in the evening.

* Meta Platforms ( META ) fell about 2.8%, making it the weakest performer among the Magnificent 7 stocks, after announcing a $4 billion increase to the lower end of its full-year 2025 capital spending forecast, now projected at $70 billion to $72 billion. The company also signaled significantly higher capital expenditures next year due to rising AI-related costs.

* December West Texas Intermediate crude oil fell $2.60 to settle at $58.44 per barrel, while January Brent crude, the global benchmark, was last seen down $2.48 to $62.68.

* Advanced Micro Devices ( AMD ) shares rose 8.1%, leading gains on both the S&P 500 and Nasdaq, after the company outlined long-term financial goals that include strong growth in revenue and earnings.

* Paramount Skydance ( PSKY ) shares dropped about 8.3% after House democrats criticized the company's response to questions about its recent merger, calling it "inadequate and incomplete," according to a letter by Reps. Frank Pallone Jr. and Jamie Raskin.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
Sector Update: Health Care
Sector Update: Health Care
Mar 21, 2024
03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Mar 21, 2024
TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...
Copyright 2023-2026 - www.financetom.com All Rights Reserved