U.S. stock markets opened Tuesday, December 2nd, 2025, on a positive note, signaling a tentative rebound after a sluggish start to the month on Monday. Major indexes, which had seen their five-session winning streaks snapped yesterday, showed modest gains as investors digested fresh corporate earnings and looked ahead to key economic events.
The benchmark S&P 500 (SPX) commenced trading at 6,830.96 points, marking an increase of 18.33 points, or 0.27 percent. Similarly, the tech-heavy Nasdaq Composite (IXIC) opened higher at 23,379.75 points, up 103.83 points, representing a 0.45 percent rise. The Dow Jones Industrial Average (DJIA) also started the day in positive territory, opening at 47,416.91 points, an increase of 127.58 points or 0.27 percent. This early upward movement follows Monday's session where the Dow Jones fell 0.90%, the S&P 500 decreased by 0.53%, and the Nasdaq Composite saw a 0.38% decline, largely attributed to weakness in technology stocks and a notable drop in Bitcoin (BTC-USD) prices.
Looking ahead, the economic calendar for today is relatively quieter, with market participants awaiting the motor vehicle sales report and a Treasury buyback announcement. Globally, the Eurozone November Consumer Price Index (CPI) data is also expected, alongside the release of the latest economic outlook from the Organisation for Economic Co-operation and Development (OECD). The OECD's recent forecast suggests that global GDP growth could slow in 2026, as the impact of tariffs might outweigh the boost from artificial intelligence investments, despite the global economy demonstrating more resilience than previously anticipated.
However, the spotlight for upcoming market events shines brightly on next week's U.S. Federal Reserve (Fed) meeting. Scheduled for December 9th and 10th, this will be the final policy review of 2025, with the Fed's decision on interest rates expected to be announced on December 10th. Markets are currently pricing in a significant probability of a rate cut, a sentiment that continues to influence investor behavior. Before that, key U.S. economic data, including the Consumer Price Index (CPI) inflation report, is anticipated around December 12th, which will be crucial in shaping the Fed's decision. Earlier this week, the November ISM Manufacturing PMI in the U.S. fell to 48.2, its lowest in four months, signaling a deeper contraction in the manufacturing sector. This, combined with a jump in the prices-paid component, has raised some inflation concerns, contributing to a rise in the 10-year Treasury yield, which was floating near 4.11% today.
In corporate news, several companies are making headlines. MongoDB (MDB) shares experienced a significant surge, climbing over 20% in premarket trading and continuing their rally into the open. This impressive performance comes after the database software maker reported fiscal 2026 third-quarter results that handily surpassed analysts' expectations, coupled with robust guidance. CEO CJ Desai highlighted the expansion with existing customers and strong new customer additions, attributing this growth to the company's unified data platform and its strategic position to capitalize on the emerging artificial intelligence (AI) platform shift.
Credo Technology (CRDO) also saw its shares rally, driven by solid quarterly earnings beats and strong revenue projections, particularly stemming from its contributions to AI training and inference. The company anticipates Q3 revenue to be between $335.0 million and $345.0 million, significantly exceeding consensus estimates.
Elsewhere, Apple (AAPL) is reportedly reorganizing its artificial intelligence division, including the hiring of a Microsoft executive and the retirement of its top AI leader. Retail giant Costco (COST) has taken legal action against the Trump administration over tariffs, seeking a refund pending a Supreme Court ruling on the legality of sweeping duties. Bayer (BAYN) received a notable boost as the U.S. Solicitor General offered support in its efforts to address lawsuits concerning its Roundup weed killer.
Today also brings earnings reports from several key technology companies. CrowdStrike (CRWD) and Marvell Technology (MRVL) are both scheduled to release their latest quarterly figures after the market closes, with Marvell Technology shares already up 2.6% in anticipation. Nvidia (NVDA), a bellwether in the AI sector, inched up early Tuesday after posting light gains on Monday.
In the broader market, Bitcoin (BTC-USD) has stabilized near $87,000 after a notable sell-off on Monday, which saw the cryptocurrency dip below $85,500. This stabilization has positively impacted crypto-related stocks such as Coinbase (COIN) and Strategy (MSTR), which were among the overnight leaders. In commodity markets, WTI crude oil futures were trending higher, hovering near $59.51 per barrel, while gold spot prices decreased to nearly $4,210 per ounce.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.