US Stocks Slouch Into Year End With No Sign of Santa Claus Rally

The S&P 500 Index fell 0.3% in midday trading, down less than 1% from its record close on Christmas Eve. Nike Inc. was a bright spot, climbing more than 4% after news its CEO bought shares. The Nasdaq 100 Index shed 0.3% and Bloomberg’s Magnificent Seven Index was...

Meta to Buy Manus, an AI Startup With Chinese Roots

Meta Platforms Inc. has agreed to buy Manus, a popular Singapore-based artificial intelligence agent with Chinese roots, in its effort to build a business around its massive AI investment. The deal values Manus at more than $2 billion, according to people familiar...

UK Consumers Cut Card Spending for First Time in Five Years

UK shoppers’ spending on their debit and credit cards dropped in 2025 for the first time since the pandemic, according to Barclays data that nevertheless showed people still willing to treat themselves with small luxuries and experiences. The bank said the value of...

Treasuries Volatility Set for Biggest Annual Drop Since 2009

A measure of US bond-market volatility is heading for its biggest annual decline since the wake of the financial crisis with the Federal Reserve’s interest-rate cuts dampening risks of an economic downturn. The ICE BofA MOVE Index, a gauge of expected bond-market...

Dollar Caps Worst Week Since June With Focus on Data Ahead

A Bloomberg gauge of the dollar posted its worst week since June as traders looked to data due early next month to confirm expectations for further Federal Reserve interest-rate cuts in 2026. With trading subdued because of holidays this week and markets in the UK...