Markets Rally, Fed Rate Cut Odds Rise
Update: 2025-12-03
Description
Stock futures inched up Tuesday evening, following a modest market recovery after Mondays dip. Investors are now awaiting upcoming jobs data, which could impact the Federal Reserves interest rate decision. The Dow, S&P, and Nasdaq futures each gained about 0.1%. The market ended higher, boosted by tech companies like Nvidia and a Bitcoin rebound. Theres an 89% chance of a rate cut, according to the CME FedWatch tool. Traders will watch the ADP private payrolls report on Wednesday for labor market insights. After-hours trading saw gains for Marvell Technology and American Eagle Outfitters. Salesforce, Macys, and Dollar Tree will report earnings on Wednesday.
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