Dow Jones Soars 664 Points as Fed Cut Hopes Ignite Dow 30 Rally — Merck and Home Depot Lead November 25, 2025 Surge
The Dow Jones Industrial Average surged 664.18 points, or 1.43%, to 47,112.45 on Tuesday as investors bet the Federal Reserve will cut rates in December. The S&P 500 rose 0.91%, and the Nasdaq gained 0.67%. Softer retail sales, weaker consumer confidence, and a dip in Treasury yields fueled the move. Futures now price in over 80% odds of a December Fed rate cut.