US Equity Indexes Lower Amid Mixed Economic Data

04:18 PM EST, 12/31/2025 (MT Newswires) -- US equity indexes fell on Wednesday, with all sectors posting declines amid mixed macroeconomic data, with real estate, materials, and industrials leading the decliners.

The Nasdaq Composite fell 0.7% to 23,241.9, with the S&P 500 down 0.7% to 6,845.5 and the Dow Jones Industrial Average lower by 0.6% to 48,063.2.

In economic news, adjusted initial jobless claims for the week ended Dec. 27 were 199,000, down from 215,000 in the week earlier, and lower than the 219,000 expected by analysts polled by Bloomberg. The 4-week moving average was 218,750, up from 217,000 in the week prior.

US crude oil stocks, including those in the Strategic Petroleum Reserve, declined by 1.7 million barrels in the week ended Dec. 26, following an increase of 1.2 million barrels in the previous week.

Natural gas stocks declined by 38 billion cubic feet to 3.375 trillion cubic feet for the week ended Dec. 26, down 1.6% from a year earlier.

In company news, Nvidia (NVDA) approached Taiwan Semiconductor Manufacturing (TSM) to increase production to match rising demand for its H200 AI chips in China, Reuters reported. Nvidia (NVDA) shares fell 0.5%, and Taiwan Semiconductor gained 1.4%.

Trump Media & Technology (DJT) shares rose 5.3% after it said it will distribute digital tokens to shareholders in collaboration with Crypto.com. The company said it expects each shareholder to receive one token per whole share owned, with "various rewards being made available to token holders periodically throughout the year."

Nike (NKE) shares were up 4.1%, after Chief Executive Elliott Hill bought 16,388 class B common shares at $61.10 apiece.

Axsome Therapeutics (AXSM) said Wednesday the US Food and Drug Administration has accepted for filing and granted priority review to a supplemental new drug application for AXS-05 to treat Alzheimer's disease agitation. Axsome shares were up over 22%.

US Treasury yields were higher, with the 10-year yield up 3.5 basis points to 4.163% and the two-year up 2.1 basis points to 3.475%

West Texas Intermediate crude oil futures fell 0.8% to $57.44 a barrel.

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