Yahoo Finance·2025-11-25 23:53Market Performance - US stocks experienced an upward movement, with the Dow Jones Industrial Average rising by 0.8% and the S&P 500 also increasing by 0.8%. The Nasdaq Composite added nearly 1% following a significant 660-point gain in the Dow on Tuesday [1] - Stocks are on track for their fourth consecutive advance, driven by technology stocks, with Alphabet reaching a record high before slightly declining [2] Federal Reserve Insights - Investors are closely monitoring factors influencing the Federal Reserve's upcoming policy decisions, particularly in light of a data drought caused by the US government shutdown. The Fed's Beige Book is expected to provide insights into regional economic performance [3] - There is an over 80% probability priced in for a quarter-point rate cut in December, following disappointing September readings on retail sales and wholesale inflation. Initial jobless claims fell unexpectedly to their lowest level since April [4] Central Bank Leadership - Speculation regarding the leadership of the Federal Reserve is intensifying, with five finalists on President Trump's shortlist to replace Chair Jerome Powell. Kevin Hassett has emerged as the frontrunner as the selection process nears its conclusion [5] Earnings Reports - Earnings reports peaked on Tuesday, with major retailers exceeding expectations. However, Deere & Company saw its shares decline after providing a full-year outlook that fell short of market expectations [6]