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Dow Climbs as Tech Slips — AMD Soars on AI Outlook | Stock Market Update (Nov 12, 2025)

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Dow hovers near records while tech wobbles; AMD rockets on AI optimism. Indexes: S&P down point one percent, Nasdaq down point five percent, Dow up point six percent — as of 19:00.

Drivers:

Hopes for an imminent end to the federal shutdown buoy sentiment.

AMD’s upbeat multiyear AI growth outlook fuels chip enthusiasm.

10‑year Treasury yield eases to about four point zero six percent.

Notables: AMD (AMD) up about nine percent on AI growth plan; IBM (IBM) up ~two percent on quantum updates.

Wrap: Value and cyclicals outpace mega‑cap tech; watch the close for confirmation. Follow for your daily market recap.
Looking ahead (tomorrow): 8:30 am ET — Initial jobless claims; 8:00 am ET — Fed’s Mary Daly speaks; After the close — Applied Materials (AMAT) earnings, 4:30 pm ET.

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