Monday, 1 December 2025: US equity markets advanced in an abbreviated trading session

US equity markets advanced in an abbreviated trading session on Friday (28 November) to cap a strong, holiday-shortened trading week - Dow rose +289-points or +0.61% with Amazon.com Inc, International Business Machines (IBM) Corp and JPMorgan Chase & Co all rising +1.77%.The broader S&P500 gained +0.54%. Energy (up +1.32%) led ten of the eleven primary sectors higher. Health Care (down -0.49%) was the only primary sector to settle in the red. Intel Corp jumped +10.19% after an analyst suggested that the company could become a foundry supplier for Apple Inc (+0.47%) processors, adding fuel to rumours earlier in the year about a possible deal with the iPhone maker. Broadcom Inc (+1.36%), General Motors (+0.98%), Hilton Worldwide Holdings Inc (-0.26%) and Walmart Inc (+1.29%)  were among 12 S&P500 components to hit fresh record intra-day highs on Friday (28 November).The Nasdaq rallied +0.65%, booking a fifth straight day of gains