US Stock Market Today, December 5, 2025: Wall Street Hovers Near Record Highs Ahead of Fed’s Key Inflation Test
New York — Friday, December 5, 2025. The US stock market today is trading in a cautious but upbeat mood as investors digest a week of mixed economic data and brace for the Federal Reserve’s preferred inflation gauge, the PCE price index, due later in the day. Stock indexes remain within touching distance of all‑time highs, while bond yields and the US dollar continue to reflect growing confidence that the Fed will deliver a rate cut at next week’s policy meeting. Reuters+2Investopedia+2 Global equities are also firm, with world stocks on track for a second straight week of gains, helped