Wall Street Pauses After Strong Start
Update: 2025-11-26
Description
US stock futures remained steady Tuesday night, following a positive start to the holiday-shortened week. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all held above flat, suggesting a calm overnight session. Earlier in the day, the Dow and tech stocks drove market gains, with Alphabet reaching new highs amid Metas potential use of Googles chips. However, Nvidias stock fell due to increased competition in the chip market. Investors are optimistic about a potential December interest rate cut, with an 85% chance according to officials. Speculation also grows about Powells successor, as five finalists are reportedly on Trumps shortlist. Most earnings and economic data were released Tuesday, with big-box retailers reporting better-than-expected results and delayed data finally reaching investors. Deere and Company is the last major company to report earnings this week.
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