{"id":121396,"date":"2025-12-03T23:43:00","date_gmt":"2025-12-03T19:43:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=121396"},"modified":"2025-12-04T01:18:25","modified_gmt":"2025-12-03T21:18:25","slug":"u-s-stocks-rise-on-hopes-of-federal-reserve-rate-cut","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/u-s-stocks-rise-on-hopes-of-federal-reserve-rate-cut\/12\/03\/market-updates\/","title":{"rendered":"U.S. Stocks Rise on Hopes of Federal Reserve Rate Cut"},"content":{"rendered":"<br \/><br \/>U.S. stock markets climbed on Wednesday, fueled by expectations that the Federal Reserve will lower interest rates in its upcoming meeting. The S&#038;P 500 rose 0.2%, while the Dow Jones Industrial Average gained about 0.5%. Meanwhile, the Nasdaq 100, heavy on technology stocks, slipped less than 0.1%.<br \/><br \/>Markets rebounded from early losses as U.S. Treasury yields fell, following a weaker-than-expected ADP jobs report for November. The report strengthened expectations of potential monetary easing in the Fed\u2019s December 9\u201310 meeting. The yield on the 10-year U.S. Treasury note dropped by two basis points to 4.07%.<br \/><br \/>Semiconductor stocks played a key role in lifting the market. Microchip Technology surged over 7% after reporting quarterly earnings above estimates, while Marvell Technology rose more than 3% following stronger-than-expected revenue.<br \/><br \/>Stocks initially fell amid concerns over the labor market, as the ADP report showed an unexpected decline of 32,000 jobs\u2014the largest drop in more than two and a half years. However, markets recovered after the ISM Services Purchasing Managers Index showed U.S. service sector activity hitting a nine-month high at 52.6 points, with easing price pressures in the sector.<br \/><br \/>In the housing market, U.S. mortgage applications fell 1.4% for the week ending November 28. The home purchase index rose 2.5%, while the refinancing index dropped 4.4%. The average 30-year fixed mortgage rate fell eight basis points to 6.32% from 6.40% the previous week.<br \/><br \/>Meanwhile, U.S. President Donald Trump announced plans to reveal his choice for a new Federal Reserve Chair in early 2026. Speculation over leadership changes has raised questions about the Fed\u2019s independence and its stance on potential interest rate cuts.<br \/><br \/>Markets are now pricing in a 98% probability that the Fed will lower rates by 25 basis points at its next meeting, reflecting strong investor confidence in continued monetary easing.<br \/><br \/>Overall, U.S. stocks found support from anticipated rate cuts and a strong technology sector, despite ongoing concerns over labor market weakness and broader economic pressures.","protected":false},"excerpt":{"rendered":"<p>U.S. stock markets climbed on Wednesday, fueled by expectations that the Federal Reserve will lower interest rates in its upcoming meeting. The S&#038;P 500 rose 0.2%, while the Dow Jones Industrial Average gained about 0.5%. Meanwhile, the Nasdaq 100, heavy on technology stocks, slipped less than 0.1%.Markets rebounded from early losses as U.S. Treasury yields &hellip;<\/p>\n","protected":false},"author":13,"featured_media":108778,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,39,36],"tags":[],"class_list":["post-121396","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=121396"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121396\/revisions"}],"predecessor-version":[{"id":121397,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121396\/revisions\/121397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/108778"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}