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Informist, Monday, Dec. 22, 2025                                      Tel +91 (22) 6985-4000

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Equity Alert: US indices end higher Fri as technology stocks rebound

 

MUMBAI--0734 IST--US equity indices ended higher Friday, as technology stocks rebounded. Shares of artificial intelligence companies rose due to chipmaker Micron Technology's strong guidance for revenue for the current quarter. Shares of the company had recently come under pressure over high valuations and funding concerns. The stock rose 7%. 

 

Shares of tech giant Oracle surged nearly 7?ter TikTok agreed to sell its US operations to a new joint venture that includes the former private equity investor Silver Lake, CNBC reported. The shares of the company had come under pressure last week after media reports said Oracle lost a key investor from one of its data centre projects, which sparked concerns. Nvidia's shares rose about 4?ter US President Donald Trump launched a review that could result in the first shipments of the company's second-most powerful AI chips to China, Reuters reported, citing sources.

 

"Tech in general, particularly the AI-related companies, came under a fair amount of pressure and when Micron reported (on Wednesday) and the market reacted the way that it did, there's the idea that maybe people can come back to these (stocks)," Reuters quoted Thomas Martin, senior portfolio manager at Globalt Investments, as saying

 

Shares of Nike were among the worst hit after the company saw its revenue in its Greater China market decline for the sixth consecutive quarter, as per CNBC.

 

Following are the closing levels of US indices Friday:

 

Index	Level	Change in %
S&P 500	6834.5	0.88
NASDAQ Composite	23307.62	1.31
Dow Jones Industrial Average	48134.89	0.38

 

(Adhithya Aji)

 

US$1 = INR 89.27

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Avishek Dutta

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

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