Published: Dec. 19, 2025 at 6:28 a.m. ET
Equity investors hoping for a seasonal spurt to new record highs have had to be patient. The S&P 500 SPX has been twitching around within just a 180 range since the start of December, fractionally shy of fresh peaks.
One reason why bullish sentiment has been constrained is that strong heavyweight performers this year have stumbled of late — think Nvidia NVDA, Microsoft MSFT and Broadcom AVGO, for example.
