Dow 30 Today (24 November 2025): Merck and Caterpillar Lead 200‑Point Dow Jones Rally on Fed Rate‑Cut Bets
On Monday, 24 November 2025, the Dow Jones Industrial Average climbed 202.86 points, or 0.44%, to 46,448.27, kicking off the holiday‑shortened week with a strong risk‑on tone. The rally was powered by healthcare and industrial heavyweights such as Merck, Caterpillar, IBM and Nvidia, while tech‑driven enthusiasm sent the Nasdaq up 2.69% and the S&P 500 up 1.55%. Reuters+2Reuters+2 Investors snapped up blue‑chip stocks as markets priced in a roughly 80–85% chance that the Federal Reserve will cut rates again in December, even as policymakers navigate a rare economic “data blackout” after the government scrapped October inflation and jobs reports. Morningstar+3Investopedia+3Reuters+3