The S&P 500 closes at a new record high on below-average volume

The S&P 500 closes at a new record high on below-average volume

The S&P 500 rose for the fourth-consecutive session, closing at a new all-time high. The Nasdaq 100 also rose as Big Tech gained, but the Russell 2000 dropped.

The delayed Q3 GDP report blew past analysts' expectations, showing that the US economy grew at the fastest pace since Q3 2023. Stocks initially faltered on fears that strong economic growth could impact the Fed’s easing path in 2026 as odds of a January rate cut dipped*, but the benchmark index quickly bounced back.

Today’s big mover was Novo Nordisk, whose stock surged after the FDA approved its GLP-1 obesity pill.

*Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.

Tesla’s EU sales fell nearly 40% in the first 11 months of 2025

Meanwhile the sale of battery electric vehicles rose 27% in the EU so far this year. Read more.

Trump administration says tariffs on Chinese semiconductor imports are coming... in 2027

Special teams have taken to the field to punt on semiconductors.

Read more.

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