Stocks Climb, Bond Yields Fall; Fed Rate Cut Hopes
Update: 2025-12-04
Description
Stock markets surged yesterday, with the S&P 500 nearing its record high, as investors reacted to mixed economic data and anticipated potential interest rate cuts. The Dow Jones Industrial Average also rose significantly, while Bitcoin climbed back above $93,000. The Russell 2000 index, representing smaller companies, gained 1.9%. The day reflected a cautious optimism as investors weighed economic data and awaited further indications of economic direction and interest rate policy.
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