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Dow, Nasdaq Log Triple-Digit Wins Amid Crypto Rebound

By Emma Duncan | December 02, 2025, 4:28 PM

December has been off to a volatile start to say the least, with Monday's steep pullback countered by today's rebound in Bitcoin (BTC). The crypto staple added over 6%, pushing back above $90,000, while broader tech stocks bounced back as well. The Dow and Nasdaq both logged triple-digit gains, while the S&P 500 eked out a small win of its own. Looking ahead, all eyes will be November's ADP employment report tomorrow.

Continue reading for more on today's market, including:

  • Analyst praises cloud stock's AI advancements.
  • 2 stocks ready to roll out December wins.
  • Plus, a semiconductor outperformer; an earnings slam dunk; and Kroger stock's pre-earnings workup.

Closing Indexes Summary Dec 2

NYSE and Nasdaq Stats Dec 2

5 Things to Know Today

  1. During a White House cabinet meeting, President Donald Trump said he plans to elect a new Fed Chair in early 2026. (Bloomberg)
  2. The National Retail Federation (NRF) said 202.9 million people made purchases between Thanksgiving and Cyber Monday. (CNBC)
  3. Semiconductor name hitting record highs.
  4. Earnings triple play sent this software stock surging.
  5. Grocery giant could see post-earnings volatility.
Corporate Earnings Dec 2
 
Unusual Options Activity Dec 2

Gold Pulls Back Amid Profit Taking

Oversupply concerns and Ukraine's Russian drone attacks worried crude traders, pushing oil futures lower for the session. January-dated West Texas Intermediate (WTI) crude shed 16 cents, or 0.3%, to close at $59.16 per barrel.

Profit taking hit safe havens, just one day after gold futures tapped a six-week high. February-dated gold futures fell 1.7% to settle at $4,203 per ounce.

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