Monday, December 1, 2025

Wall Street ends lower as yields climb; crypto stocks drop

Wall Street ends lower as yields climb; crypto stocks drop

By Chuck Mikolajczak

After all the wonderful gains last week, investors went into cautious mode today with all three showing losses, the Dow in 3-digits. All the incoming data continues to point to a weakening economy with the only good news being the new optimism over a December rate cut. This optimism has also been bolstered by the recent strong speculation that the anticipated replacement for Powell will be dovish with more rate cuts coming in the coming year.  Volume was again well below the 18.6 billion average, coming in today at a mere 15.6 billion. 

 

DJ:          47,716.42  +289.30                 NAS:       23,365.69  +151.00                 S&P:       6,849.09  +36.48                     11/28

DJ:          47,289.33  -427.09                  NAS:       23,275.92  -89.76                    S&P:       6,812.63  -36.46                      12/1