
The Nasdaq has risen 20% this year, outperforming the S&P 500 for the third consecutive year with double-digit gains, and Alphabet soared 65%
On the last trading day of 2025, the S&P 500 Index fell for the fourth consecutive day, down 50 points or 0.7%, closing at 6,845 points; the Nasdaq dropped 177 points or 0.8%, closing at 23,241 points; the Dow Jones Industrial Average fell 303 points or 0.6% to 48,063 points.
For the year, the S&P 500 Index has risen 16.4%, achieving a double-digit annual increase for the third consecutive year. The Nasdaq benefited from the AI boom, rising 20.4% this year. The Dow, due to its lower proportion of technology stocks, lagged behind with a rise of 13% this year.
However, the market has expressed some skepticism about the AI boom in the second half of the year, with mixed performances from the "Magnificent Seven" large tech stocks. Alphabet (GOOG.US) was among the winners, rising 65% year-on-year; Amazon (AMZN.US), on the other hand, lagged behind with only a 5% increase
