US Stock Market Today, December 3, 2025: Dow Near Record High as Weak Jobs Data Supercharges Fed Cut Bets
The US stock market spent Wednesday trading just shy of record territory as investors digested a surprisingly weak private‑jobs report, a still‑resilient services sector, and a flood of 2026 stock‑market forecasts clustering around fresh all‑time highs. By early afternoon, the S&P 500 was up about 0.4%, the Dow Jones Industrial Average roughly 0.9%, and the Nasdaq Composite about 0.2%, leaving the S&P within half a percent of its record high set in late October.The Washington Post Later in the session, a global markets wrap from Reuters showed those gains moderating, with the Dow up about 0.4%, the S&P barely positive,