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总结
多家媒体在年末盘点中称，尽管2025年美国经济与市场经历多次震荡、板块轮动剧烈，华尔街仍以强势表现告别全年并接近纪录高位。标普500在年末最后交易阶段波动收官，年内累计上涨约16%；道琼斯指数与纳斯达克指数同样实现两位数年度涨幅。推动因素主要来自人工智能相关交易与科技股领涨，但对2026年AI热潮能否延续、估值与风险控制的讨论同步升温，反映资金在波动中继续押注增长主题并关注潜在回撤风险。
正文
US stock market ends 2025 on a high note after volatile year BBC S&P 500 closes lower Wednesday, but wraps 2025 with a 16% gain: Live updates CNBC Stock market today: Dow, S&P 500, Nasdaq post double-digit gains in 2025 as AI trade powers market once again Yahoo Finance Will the A.I. Boom Continue to Drive Up Stocks in 2026? The New York Times Wall Street ends 2025 near record highs after year of economic upheaval The Guardian
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