Stock Market Update
24-Nov-25 15:30 ET
December rate cut odds inch higher
Dow +220.45
at 46465.65,
Nasdaq +583.01
at 22856.11,
S&P +100.29
at 6703.27
[BRIEFING.COM] The major averages are little changed from previous levels just before the close as the market looks to start the week with a win.
Increased optimism around a December rate cut has boosted the market today, much like it did in Friday's session.
Most recently, San Francisco Fed President Mary Daly (nonvoting FOMC member) said she supports a December rate reduction, according to The Wall Street Journal.
The CME FedWatch tool shows that the odds of a December rate cut have inched up to 80.9%, up from 71.0% on Friday.
