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Story summary
- On December 11, 2025, the S&P 500 closed at a record high, up 0.2% after recovering from losses tied to Oracle's earnings and AI spending concerns.
- The Federal Reserve's rate cut and Jerome Powell, Chair of the Federal Reserve, commented on economic protection, boosting investor confidence.
- The Russell 2000 also hit a new high, as investors anticipate further rate cuts after Powell's term ends in May amid uncertainty about his successor.
