Dec. 1, 2025

Dow and S&P Hit Seventh Straight Win (But Eli Lilly Slashes Weight-Loss Drug Prices)

Dow and S&P Hit Seventh Straight Win (But Eli Lilly Slashes Weight-Loss Drug Prices)

The Dow and S&P 500 finished their seventh straight winning month while the Nasdaq dropped 1.5% as AI overspending concerns hit tech, and Eli Lilly slashed Zepbound to $299-$449 monthly, undercutting Novo Nordisk in the weight-loss drug price war. Airbus shares tumbled on A320 quality issues after grounding 6,000 planes over Thanksgiving, Bitcoin fell to $86K hammering crypto stocks, Americans spent a record $11.8 billion on Black Friday despite weak confidence, and Disney's Zootopia 2 shattered records with a $556 million opening.

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