US Stock Market Today (Dec. 1, 2025): Wall Street Slips as Bitcoin Tumbles and Fed Jitters Build
The first trading day of December is off to a cautious start on Wall Street. Major US stock indices are trading lower on Monday as investors digest weaker‑than‑expected manufacturing data, a sharp selloff in Bitcoin and rising bond yields, while bracing for a closely watched speech from Federal Reserve Chair Jerome Powell and a pivotal rate decision next week. As of late morning in New York, the Dow Jones Industrial Average was hovering near 47,500, down roughly 0.3%–0.5%. The S&P 500 was trading just below 6,840 and the Nasdaq Composite near 23,300, both off around a quarter to half a percent after last week’s powerful rebound. Reuters+1