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S&P 500, Nasdaq opens lower on Oracle AI spending jitters

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Published Thu, Dec 11, 2025 · 10:47 PM
    • The S&P 500 lost 29.36 points, or 0.42 per cent, to 6,857.45 and the Nasdaq Composite lost 171.04 points, or 0.71 per cent, to 23,485.26.
    • The S&P 500 lost 29.36 points, or 0.42 per cent, to 6,857.45 and the Nasdaq Composite lost 171.04 points, or 0.71 per cent, to 23,485.26. PHOTO: REUTERS

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    [NEW YORK] The S&P 500 and the Nasdaq opened lower on Thursday (Dec 11) as fresh worries over Oracle’s hefty AI spending plans overshadow optimism over a less hawkish tone from the Federal Reserve.

    At 09.30 am ET, the Dow Jones Industrial Average was up 97.04 points, or 0.21 per cent, to 48,157.04.

    The S&P 500 lost 29.36 points, or 0.42 per cent, to 6,857.45 and the Nasdaq Composite lost 171.04 points, or 0.71 per cent, to 23,485.26. REUTERS

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