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

Market Overview - US stocks are showing signs of recovery after a rough start to December, with the S&P 500 rising 0.2%, the Nasdaq Composite increasing by approximately 0.6%, and the Dow Jones Industrial Average gaining 0.4% [1][2] - The initial losses at the beginning of December have sparked discussions about the potential for a year-end "Santa Claus rally" [2] Cryptocurrency Market - Bitcoin has rebounded, trading above $91,000 after hitting a low of $84,000, marking its worst day since March [3] - Shares of crypto-related companies such as Coinbase and Robinhood have also seen positive movement following previous 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 reflects concerns over persistent inflation, high market valuations, and the uncertain returns from significant AI investments [4] Interest Rate 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] Company Earnings - Marvell is expected to release its earnings results after market close, with its stock rising due to reports of advanced talks to acquire chip start-up Celestial AI in a multibillion-dollar deal [6] - Other companies such as Crowdstrike and Okta are also scheduled to report earnings [6]