Stock Markets Close Out a Record-Setting Year

Edition for Dec. 31. We recap a banner year for global markets, propelled in large part by the AI boom. Plus, OpenAI rewards its employees more than any major tech startup has in history. And Journal bureau chiefs preview the global flashpoints likely to dominate 2026. Luke Vargas hosts. Programming note: What’s News is off tomorrow and will publish one show on Friday. Sign up for the WSJ's free What's News newsletter.