U.S. markets experienced a challenging week, as major indices posted back-to-back weekly declines amid geopolitical tensions and sector-specific weakness.

U.S. equity markets posted mixed results last week amid a choppy and headline-driven trading environment. The Dow Jones Industrial Average fell 0.3%, the S&P 500 declined 0.4%, and the Nasdaq Composite slipped 0.7%, while the Russell 2000 rose over 2%, continuing the recent theme of improving market breadth and relative strength in smaller-cap stocks.

Markets opened the year with a steady hand despite an increasingly complex policy and geopolitical backdrop that has continued to build with meaningful longer-term implications, even as markets showed limited near-term disruption.

Nonprofit organizations operate in a unique environment—balancing mission-driven goals with financial sustainability. Unlike traditional businesses, nonprofits face challenges such as fluctuating funding streams, grant compliance, and donor stewardship.

U.S. equities closed out 2025 with another year of solid gains, even as the final trading sessions were muted by holiday-shortened schedules and lighter volumes.