- StockStory Top Pick MSFT -1.56%
- ^IXIC +0.13% ^DJI +0.71% ^GSPC +0.28%
This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock Market Today threads, click here.
Happy Tuesday. This is TheStreet’s Stock Market Today for Dec. 2, 2025. You can follow the latest updates on the market here in our daily live blog.
Update: 12:09 p.m. ET
In Focus: S&P 500
Heading into midday, the Nasdaq (-0.07%) is now narrowly in the red, while the Dow (+0.48%) and S&P 500(+0.11%) are finally bad in the green.
We'll take a look at the S&P 500 heat map this afternoon for some context on the broader market. Here's the view:
Update: 9:31 a.m. ET
Opening Bell
The U.S. equities market is now open for business. Although earlier it looked as though the futures were golden for a green start to the day, now is another story as investors digest a report from The Information which says that Microsoft (-2%) lowered AI software quotas amid 'complaints' from customers about value.
There's also Delta, which sees the weeks-long government shutdown erasing more than $200 million in profit this quarter. Rounding things out, this morning's unexpected contraction in the ADP Employment Change -- it showed a loss of 32,000 jobs in November.
As a result, the Russell 2000 (+0.29%) is the only equity index in the green for the moment, owing its morning gains to the fact that it isn't just made up of tech companies. Plus, there's always a weird optimism on Wall Street around bad economic data lately; the recognition that bad news could actually spur rate cuts, which would be good for the index's small cap stocks. By contrast, the Nasdaq (-0.43%), S&P 500 (-0.21%), and Dow (-0.08%) are having a less than optimal morning.
In continuous futures, Natural Gas (+2% to $4.938) is higher this morning, adding to a more than 60% rally over the last 3 months. Gold (+0.83% to $4,255.70), Brent Crude (+0.54% to $62.79), and Silver (+0.17% to $58.81) are also up. And in rates land, the 10Y Treasury (-2.7 bips) is sitting at 4.061%.
Update: 9:07 a.m. ET
Premarket Movers: Marvell, Acadia, Astera Labs, Pure Storage
Few stocks are having a better morning than American Eagle (+15%), which is rallying after announcing strong earnings. However, it's notably left out of MarketWatch's premarket moving stocks, so a mention will have to suffice.
On the media firm's webpage, it's Marvell Technology (+9%) taking the lead after an interesting reversal in the company's own earnings report. After initially dropping 8%, the company's stock flipped to the upside. We touch on why that is.
Story ContinuesRelated: Marvell, Builder of AI Accelerators for Amazon and Microsoft, Surprises Algos with Earnings Commentary; Promises of AI Growth
It's joined this morning by Astera Labs (+5.9%), Driven Brands (+5%), and Allegro MicroSystems (+4.5%) on the shortlist of names gaining in the premarket.
On the other end of the market, Acadia Healthcare (-23.5%) is getting hammered after cutting its 2025 outlook, a product of higher liabilities. It's joined by a graveyard of earnings reactions from yesterday: Pure Storage (-14.7%), GitLab (-10.9%), and Okta (-5.5%), among others.
Update: 7:52 a.m. ET
A.M. Update
Good morning. U.S. equity indexes are tipping to the upside this morning ahead of a wide array of earnings and economic data reports. Here's what to keep an eye on this morning.
Earnings Today: Salesforce, Snowflake, Dollar Tree
Salesforce will anchor today's earnings slate, along with the Royal Bank of Canada, Snowflake Inc., and JBS, among others. Keep an eye out for discount retailers Dollar Tree and Five Below, too.
Here is the list of firms with at least a $1 billion market cap reporting today, per Nasdaq:
Economic Data + Events: ADP Employment Change, Industrial Production, ISM Services PMI
Today will be a busier one for U.S. economic data, as a wide swath of mortgage, jobs, and trade data is set to be reported. Already out this morning is data from the Mortgage Bankers Association, as well as the ADP Employment Change, which showed a reversal from last week's data.
Here's the full slate today, per TradingEconomics:
ICYMI
Plus, in case you missed what happened yesterday, you can get acquainted with what you missed on yesterday's Stock Market Today and Market Wrap.
This story was originally published by TheStreet on Dec 3, 2025, where it first appeared in the Latest Business & Market News section. Add TheStreet as a Preferred Source by clicking here.
Terms and Privacy Policy Privacy Dashboard More Info
