US Stock Market Today: S&P 500 Futures Edge Higher on Looming Fed Rate Cut

Simply Wall St

The Morning Bull - US Market Morning Update Wednesday, Dec, 3 2025

US stock futures are pointing modestly higher this morning, with a key economic scorecard, the main US interest rate, expected to be cut by a quarter of a percentage point as early as next week. That potential rate cut signals cheaper borrowing costs for households and businesses, which generally helps growth focused and technology names. At the same time, a second straight weekly drop in US oil inventories, about 2.5 million barrels, is helping to prop up energy prices, supporting oil producers but keeping an eye on fuel costs. The big question is whether lower rates can support stocks without higher energy prices biting into consumer and industrial pockets.

With rates potentially dropping and growth names back in focus, we have uncovered 24 AI penny stocks that may be well positioned to benefit.

Top Movers

Is Boeing still a smart investment or just hype? Read our most popular narrative and get all the answers you need.

MDB 1-Year Stock Price Chart

Top Losers

Look past the noise - uncover the top narrative that explains what truly matters for Symbotic's long-term success.

SYM 1-Year Stock Price Chart

On The Radar

Tech and retail earnings dominate the next few sessions, offering fresh readthroughs on software demand and consumer spending power.

  • Cloud Leaders: Salesforce (CRM) and Snowflake (SNOW) report Q3 results After-Market today, clarifying enterprise software budgets and AI infrastructure spending.
  • Dollar Tree (DLTR) posts Q3 results Pre-Market today, updating how lower income consumers are coping with sticky everyday costs.
  • Ulta Beauty (ULTA) reports Q3 results After-Market Thursday, spotlighting discretionary beauty spending and margin resilience into the holiday period.
  • Dollar General (DG) delivers Q3 results Thursday, highlighting traffic trends, shrink pressures, and whether turnaround efforts are stabilizing profitability.
  • Samsara (IOT) reports Q3 results After-Market Thursday, giving a clean read on demand for data driven fleet and industrial software.

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Identify The Next Market Leaders

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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