The Dow Jones and Russell 2000 hit record highs while the Nasdaq slashed early losses. Broadcom sees AI chip sales doubling.

Stock futures were mixed Friday, with the Dow Jones Industrial Average ticking higher and the S&P 500 slipping after each set a closing record, while the Nasdaq pointed sharply lower as tech shares continued to decline on AI bubble fears.

The Dow Jones Industrial Average (DJIA) retreated from record intraday highs on Friday alongside its major index peers as investors continued rotating out of technology and into value-oriented sectors.

The Dow Jones Industrial Average climbed to another record on Friday as investors continued to rotate out of technology shares and into value-oriented sectors.

European shares were mostly higher today. The eurozone's STOXX 600 rose 0.2%, while Spain's IBEX 35 Index rose 0.7%. London's FTSE 100 fell 0.1%, Germany's DAX 40 rose 0.3% and France's CAC 40 surged 0.6% during the session.

US equity indices face near-term softness from renewed AI concerns tied to Broadcom guidance, but the broader outlook remains constructive. Key technical support is holding, favoring buy-the-dip strategies with upside targets intact.

The Dow Jones Industrial Average is trading down Friday afternoon with shares of Caterpillar and NVIDIA Corp. facing the biggest declines for the blue-chip average.

As of December 11, 2025, the index has risen 10.32% during the previous 12 months and 14.89% so far in 2025. It climbed by 13.62% during the last six months, maintaining its gain of 1.62% last month.

The nearest support level for NASDAQ is located in the 25,200 – 25,250 range. In case NASDAQ manages to settle below the 25,200 level, it will head towards the next support at 24,800 – 24,850. RSI remains in the moderate territory, so there is plenty of room to gain momentum in case the right catalysts emerge.

The S&P 500 index narrowly missed a fresh record close Wednesday and the Dow Jones Industrial Average finished with strong gains after the Federal Reserve’s decision to deliver a final quarter-point rate cut for 2025,