Traders work on the floor of the New York Stock Exchange on December 11, 2025 in New York City.
Spencer Pratt | Getty Images
Futures linked to the Dow Jones Industrial Average Stocks rose on Friday as investors continued to exit tech stocks and move into the value sector of the market.
Dow futures rose 99 points, or 0.2%. S&P 500 futures fell 0.1% and Nasdaq 100 futures fell about 0.5%.
chip manufacturer broadcom The company fell 6% in pre-market trading despite beating expectations for the fourth quarter and gave a strong outlook for the current quarter, saying sales of artificial intelligence chips were likely to double. lululemon Shares rose 10% after the sports apparel retailer announced its CEO would step down at the end of January following the company’s poor performance over the past year.
The AI industry faces further pressure, with names such as: AMD and micron Along with Broadcom, the stock saw some losses in the premarket, but other areas of the market such as financials, healthcare, and industrials posted modest gains. In those fields, citygroup, Eli Lilly and ge aerospace It was an important winner.
The move set a new day for rotational trading, with investors rushing into cyclical stocks considered to be more sensitive to the economy on Thursday, while taking profits in growth-oriented stocks tied to AI trading. The move comes after the Federal Reserve on Wednesday cut interest rates for the third time this year.
The Dow and 30 S&P 500 stocks closed at record levels in the previous session, while the Nasdaq Composite alphabet and Nvidia I dropped it. The Dow rose 646 points, or 1.3%, boosted by a 6% rise in Visa and solid gains in the United States. nike and united health group.
“The Dow had a great day, and if this trend continues, we could start to see more trading,” said Chris Zaccarelli, chief investment officer at Northlight Asset Management. “The key to the bull market continuing is for the rest of the market (the so-called 493) to rise even without the help of the Magnificent 7. If we can pass the baton and extend the rally, I wouldn’t be surprised to see a rally through the end of the year and early next year.”
This week, the S&P 500 rose 0.45% and the Dow 30 rose almost 1.6%. The Nasdaq has lagged among the three major indexes, gaining less than 0.1%. On the other hand, small-capitalization companies outperform large-capitalization companies. Russell 2000 Index It rose 2.7% this week after hitting a new all-time high on Thursday.
