US Stock Market Today, December 3, 2025: Dow Jumps 400 Points as Weak Jobs Data Supercharges Fed Cut Bets
U.S. stocks pushed higher after the closing bell on Wednesday, December 3, 2025, with the Dow Jones Industrial Average surging more than 400 points and all major indexes ending near record territory. A surprisingly weak private payrolls report, easing bond yields and resilient services-sector data reinforced expectations that the Federal Reserve will cut interest rates at next week’s policy meeting. WV News+2Reuters+2 Market recap: indexes climb toward record highs By the close of trading: The S&P 500 now sits less than a percentage point below its all‑time high from late October, while the Dow is also within 1% of its own