On December 5, 2025, the S&P 500 experienced a notable uptick, driven largely by gains in technology stocks as investors eagerly await the Federal Reserve’s upcoming meeting. Shares of Oracle rose by 2%, buoyed by optimism ahead of the company’s impending quarterly earnings report, set for release on Wednesday. Broadcom’s stock saw an impressive 3% increase following reports from The Information that Microsoft is in talks to develop custom chips with the semiconductor giant. The biggest spotlight, however, was on Confluent, whose shares skyrocketed by 29% after IBM announced plans to acquire the company in an $11 billion deal expected to finalize by mid-2026.
This surge comes on the heels of a two-week positive trend across the three major U.S. stock indexes. The Dow Jones Industrial Average gained 0.5% last week, while the Nasdaq Composite climbed 0.9%. The S&P 500 added approximately 0.3% last week, now sitting just 0.7% below its all-time intraday high. Notably, both the S&P 500 and Nasdaq enjoyed a winning streak of four consecutive days through Friday, with the Dow managing to close positively in three of its last four sessions.
The market’s momentum gained further support after the delayed release of the September core personal consumption expenditures (PCE) price index indicated softer inflation than economists had expected. This report was one of the last major economic indicators before the Fed’s policy meeting this week, lending optimism to traders.
Market participants have become increasingly optimistic about the likelihood of an interest rate cut during this final Federal Open Market Committee (FOMC) meeting of the year. According to CME’s FedWatch tool, futures now reflect approximately a 90% chance of a rate reduction, a significant increase from just over 67% a month ago. Eric Freedman, Northern Trust’s Chief Investment Officer for Wealth Management, expressed to clients that markets are “appropriately focused” on the upcoming interest rate decisions, but he noted that investor attention is also shifting toward the outlook of voting members and potential future leadership of the Fed.
While no major economic data is scheduled for release on Monday, the New York Federal Reserve is set to unveil its survey of consumer expectations in the morning. This will attract attention from investors, who are looking ahead to earnings reports from prominent companies like Lululemon, Costco, Broadcom, Oracle, and Adobe throughout the week.
As anticipation builds around the Federal Reserve’s decisions, the market remains on edge, with significant movements in the tech sector and major corporate earnings just days away. Investors will be closely monitoring developments, as these factors will play a crucial role in shaping market dynamics in the weeks to come.
Original Source: https://www.cnbc.com/2025/12/07/stock-market-today-live-updates.html
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Publish Date: 2025-12-08 20:00:00
