US stocks rise on Fed rate cut optimism, Boeing jumps
The Economic Times·2025-12-03 09:53

Equities declined on Monday amid soft data on the manufacturing sector, a jump in U.S. Treasury yields as Japanese bond yields surged, and a drop in bitcoin and crypto-related stocks. But with a dearth of economic data for the session, the rise in bond yields eased and bitcoin rebounded, which enabled stocks to recover somewhat as the focus shifted to the Fed. "It's possible that both of those things are adding a little bit of volatility to the market at a time when there's kind of a catalyst vacuum until ...