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December 12, 2025

Stock market hits record highs, even as AI bubble worries continue

By STAN CHOE
AP Busines Writer

NEW YORK — Wall Street set records on Thursday, even as a sell-off for Oracle and worries about a potential bubble in artificial-intelligence technology weighed on the market.

The S&P 500 inched up 0.2% and eked past its prior all-time closing high, which was set in October. The Dow Jones Industrial leaped 646 points, or 1.3%, to top its own record set last month. The Nasdaq composite lagged behind and slipped 0.3% because of the weakness for AI stocks.


 
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