Wall Street closed mixed on December 8, 2025, as investors avoided aggressive positions ahead of the US Federal Reserve’s interest rate decision. Major indices ended little changed, with valuation models suggesting the S&P 500 is trading nearly 3 percent below its estimated fair value. In contrast, Indian markets continued to see powerful domestic participation, with domestic institutional investors purchasing a record Rs 7.01 lakh crore worth of equities in 2025 so far, sharply exceeding 2024 inflows.