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Today’s Stock Market
December, 1 2025 at 1:30 p.m. EST
The holiday season is in full swing and as the last month of the year kicks off risk assets look much more like Rudolph’s nose than Buddy the Elf’s coat. This morning’s weakness comes on the heels of a big technical bounce in markets last week with the 100d ma holding as key support. The S&P 500 finished the week up 4%, including a 0.5% gain on a shortened Friday trading session that was highlighted by an intense Connect 4 tournament on the Trading Floor during Kids Day. That rally helped the index recoup all of the November losses ending the month a touch higher. Futures were under pressure overnight but equity markets are off the morning lows. Even at the worst levels within the context of last week’s rally the pullback this morning was modest.
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