US Stock Market Today, December 4, 2025: Wall Street Stalls Near Record Highs as Fed Rate-Cut Bets Build
The S&P 500 hovered just below record highs Thursday, ending nearly flat around 6,850 as investors digested strong jobless claims data and rising Treasury yields. The Dow slipped 0.06%, while the Nasdaq rose 0.05%. Small-cap Russell 2000 outperformed, gaining up to 1%. The 10-year Treasury yield climbed above 4.1%.