Stock Market Update

11-Dec-25 14:30 ET
S&P 500 rises as RCL, MOS, and TKO lead; cruise prices, fertilizer supply, and TKO deal drive gains
Dow +632.49 at 48690.03, Nasdaq -68.05 at 23586.14, S&P +11.35 at 6898.02

[BRIEFING.COM] The S&P 500 (+0.16%) is in second place on Thursday afternoon, up about 11 points.

Briefly, S&P 500 constituents Royal Caribbean (RCL 278.72, +18.34, +7.04%), Mosaic (MOS 25.29, +1.54, +6.48%), and TKO Group Holdings (TKO 205.27, +8.33, +4.23%) dot the top of the standings. RCL and cruise peers rally as a Bernstein analyst said their tracker showed cruise pricing stabilizing, Q4 guidance on track, and a $2 bln buyback boosting investor confidence, MOS hits three-week highs as geopolitical supply disruption provides a lift, while TKO announced a multi-year Ram partnership across WWE, UFC, and PBR boosts revenue visibility, showcases TKO’s brand-monetization power, and strengthens fan engagement across its properties.

Meanwhile, The Trade Desk (TTD 37.19, -2.03, -5.18%) is underperforming; we're seeing a target cut to $40 (from $50) at Jefferies citing margin pressures and AI disintermediation risks.

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