Equities rise on Fed rate cut optimism, Boeing jumps
Tue December 2, 2025 4:22 PM
It was a herky-jerky day on all three indexes as the market jumped up and down but at least never went into the red and gave us our seven straight up days with only one (yesterday) in the red. The lack of current government data and everyone on the fence waiting for a widely expected rate cut has contributed to today’s volatility.
Consumer expenditure data is due Friday and with the holiday weekend breaking records on Black Friday sales, most experts are putting more stock in the consumer than in other data that is up and down all the time. The odds of a December rate cut now stand at 89.2%, up from 63% a month ago. Volume remains very muted coming in at a mere 15.35 billion vs an average of 18.42 billion.
DJ: 47,289.33 -427.09 NAS: 23,275.92
-89.76 S&P: 6,812.63
-36.46 12/1
DJ: 47,474.46 +185.13 NAS: 23,413.67
+137.75 S&P: 6,829.37
+16.74 12/2
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