The stock market declined on December 10, 2025, as traders reacted to the delayed release of the November jobs report.
Market Index Performance
The S&P 500 dropped 0.4%, while the Nasdaq Composite rose 0.1%. The Dow Jones Industrial Average fell by 350 points, or 0.7%.
Alongside the stock indices, U.S. crude oil prices fell below $55 per barrel, marking the lowest prices since early 2021. Major oil companies like Exxon Mobil and Chevron saw their shares decline by about 2% each.
Jobs Report Insights
November’s jobs report indicated an unexpected gain of 64,000 jobs, surpassing economists’ predictions of 45,000. However, October saw a loss of 105,000 jobs, and the unemployment rate rose to 4.6%, higher than the anticipated 4.5%.
The chances of a Federal Reserve rate cut did not change, with the CME FedWatch Tool showing a 24% likelihood of a cut next month. According to Gina Bolvin of Bolvin Wealth Management Group, the data suggests an economy that is stabilizing, though showing signs of strain.
Market Trends and Reactions
This week has been marked by losses in major technology stocks, particularly in the AI sector, as investors cashed in on profits. Notable companies like Broadcom, Oracle, and Microsoft experienced declines, prompting shifts towards healthcare and utilities.
Eric Diton from The Wealth Alliance noted that market sell-offs are normal and suggested that despite risks, the overall market is broadening rather than unhealthy.