Stocks cap off a fantastic year with a bad day

Every sector traded lower and all of the Magnificent 7 stocks fell.

Your Evening Briefing December 31, 2025 Stocks cap off a fantastic year with a bad day Stocks ended the year on a sour note, with the S&P 500, Nasdaq 100, and Russell 2000 all falling. All sectors traded lower. Tech was the hardest-hit sector ETF and every Magnificent 7 stock fell as well. Despite falling for the past four sessions, the S&P 500 posted a 2.4% gain for the quarter, and was essentially flat for the month of December. With a 16% annual gain and 39 record closing highs, this is the third-consecutive winning year for the benchmark index, though the Nasdaq 100 fared even better, with a 20% gain. Notable movers: Trump Media & Technology Group jumped after announcing plans to distribute digital tokens to shareholders. Nike sprinted ahead after a filing after the close on Tuesday showed that CEO Elliott Hill purchased $1 million in company stock. TSMC rose on news that Nvidia asked the Taiwanese chip manufacturing giant to boost production of its H200 AI chips. Rather than fully cracking down on scam ads, Meta worked to make them harder to find Scam ads are big business for Meta. Michael Burry, the "Big Short" investor who called Tesla "ridiculously overvalued," is not currently shorting Tesla He's probably not long Tesla, though.  Was this email forwarded to you? Don't miss out on future stories — subscribe to The Wrap and get your daily dose of financial news straight to your inbox.  Craving more insights in your inbox? Subscribe to Chartr and Snacks for quality reads. We care what you think! If you have any feedback or comments, feel free to reply and let us know your thoughts!  Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate... See more Sherwood Terms and Conditions Our Editorial Standards Contact Us Advertise With Us Unsubscribe Privacy Policy SHERWOOD MEDIA, LLC, 85 Willow Road, Menlo Park, CA 94025