Stock market today: Dow, S&P 500, Nasdaq edge higher as Wall Street regains its footing

Market Overview - US stocks showed a cautious recovery with the S&P 500 rising 0.3%, the Nasdaq Composite increasing by approximately 0.5%, and the Dow Jones Industrial Average gaining around 0.3% [1] - The market is attempting to recover from a risk-off sentiment that led to sharp losses at the beginning of December, which is typically a strong month for equities [2] Cryptocurrency Market - Bitcoin traded above $88,000, marking a recovery after a significant drop to as low as $84,000, which was its worst day since March [3] - Shares of crypto-related companies like Coinbase and Robinhood also saw positive movement following their declines [3] Economic Indicators - Investors are closely monitoring economic data as delayed government reports are being released, which may influence expectations for a potential interest-rate cut in December [4] - Current market sentiment is influenced by ongoing concerns regarding inflation, market valuations, and the uncertain returns from AI investments [4] Federal Reserve Expectations - There is a heightened expectation for an interest-rate cut, with markets pricing in an 87% probability for a cut on December 10, a significant increase from mid-November [5] Earnings Reports - Marvell is expected to release its earnings results after market close, with its stock rising in premarket trading due to reports of advanced talks to acquire chip start-up Celestial AI in a multibillion-dollar deal [6] - Other companies like Crowdstrike and Okta are also scheduled to report earnings [6]