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The S&P 500 and Dow Jones closed at record highs Thursday, driven by financial stocks after a less hawkish Federal Reserve. The Nasdaq lagged as Oracle's AI spending concerns and weak forecasts caused its shares to tumble, fueling fears of an AI bubble. Market rotation favored cyclicals and small caps amid anticipation of global growth reacceleration.
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Santa, lower left, waves aboard an open-air car on the CTA Holiday Train traveling south toward the Merchandise Mart on Dec. 3, 2025. (John J. Kim/Chicago Tribune) A CTA elf greets passengers on the CTA Holiday Train, Dec. 3, 2025, on the Orange Line "L." (Brian Cassella/Chicago Tribune) Santa Claus rides the CTA Holiday Train on the outbound Blue Line past the Damen station, Dec. 11, 2025, in Chicago. (John J. Kim/Chicago Tribune) The CTA Holiday Train runs over the Chicago River on the Wells Street bridge in Chicago, Dec. 3, 2025. (Dominic Di Palermo/Chicago Tribune) The CTA Holiday Train heads rolls south toward the Merchandise Mart, Dec. 3, 2025, in Chicago. (John J. Kim/Chicago Tribune) A CTA elf stands with the Holiday Train, Dec. 3, 2025, on the Orange Line L. (Brian Cassella/Chicago Tribune) Santa prepares to depart Midway International Airport on his open-air CTA Holiday Train car on Dec. 3, 2025, on the Orange Line "L." (Brian Cassella/Chicago Tribune) Santa rides the CTA Holiday Train on the outbound Blue Line past the Damen station, Dec. 11, 2025, in Chicago. (John J. Kim/Chicago Tribune) Gov. JB Pritzker hands out candy canes to passengers while riding the CTA Holiday Train, Dec. 3, 2025, on the Orange Line "L." (Brian Cassella/Chicago Tribune) The CTA Holiday Train heads north on Brown Line tracks past the Merchandise Mart, Dec. 3, 2025, in Chicago. (John J. Kim/Chicago Tribune)
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ICICI Prudential AMC is set to raise 10,600 crore through an offer for sale. This move will reduce promoter shareholding to 90.1%. The company shows strong growth in assets under management and a growing investor base. Its performance is linked to retail investors and market volatility.
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