US Stock Market Today: S&P 500 Futures Dip Amid Rate Cut Anticipation

The Morning Bull - US Market Morning Update Monday, Dec, 1 2025

US stock futures are mixed this morning, as investors digest a fresh jump in Treasury yields and a wave of new global economic data. The yield on the 10-year US government bond climbed to 4.04% with markets now betting there is an 87% chance the Federal Reserve will lower interest rates next week. Lower rates usually make it cheaper to borrow and can boost spending, but rising yields can also mean extra costs for businesses and consumers in the short term. At the same time, reports show China’s economy remains in a funk, with both factory and services scores slipping below 50, which signals shrinking activity. For investors, the big question now is whether the Fed’s likely rate cut will be enough to offset sluggish growth abroad. This puts the spotlight on companies that benefit from lower borrowing costs, such as those in real estate and smaller, debt-heavy firms, while keeping international exporters and commodity-related sectors at risk if China’s slowdown deepens.

We’ve found penny stocks with strong financials that are positioned to benefit first if rate cuts happen quickly.

Top Movers

• Intel (INTC) jumped 10.19% after its CEO downplayed trade secret allegations from TSMC.
• Circle Internet Group (CRCL) surged 10.04%.
• Credo Technology Group Holding (CRDO) rose 8.29%.

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

Top Losers

• Symbotic (SYM) dropped 4.04% after Barclays raised its price target but maintained an Underweight rating.
• AngloGold Ashanti (AU) declined 3.63%.
• Eli Lilly (LLY) fell 2.61% as Medicare secured significant drug discounts on competitors' products.

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

On The Radar

A busy week is ahead as heavyweight tech earnings, manufacturing data, and major central bank speeches set the market tone.

• Tech Earnings: Snowflake (SNOW), Salesforce (CRM), and Pure Storage (PSTG) report on Wednesday, providing an early look at cloud and enterprise software demand as 2026 approaches.
• CrowdStrike Holdings (CRWD) reports results on Tuesday, with attention on cybersecurity growth and profitability trends after a volatile quarter for the sector.
• ISM Manufacturing PMI (Monday) offers an important update on US factory activity and the economy’s near-term momentum as expectations for rate cuts rise.
• Fed Chair Powell Speech early Tuesday could shape expectations around next week’s rate decision, influencing yields and market volatility.

Use our Portfolio or Watchlist features to track market-moving events like these and get alerts for the companies you own, free!

Identify The Next Market Leaders

Spotting breakout opportunities before the market catches on is key, and there is no time to wait. Our research identifies undervalued stocks based on cash flows that stand out for proven fundamentals and hidden upside right now.

Want to find your own winners? Use our stock screener to uncover hidden gems, match your unique strategy, and receive timely alerts whenever new opportunities arise.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com