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Stock Market Today: Russell 2000 Builds On Win Streak As Fed Rate Cut Hopes Build
Yahoo Financeยท 2025-12-04 17:08
Core Insights - Meta is experiencing a significant stock increase of 5.8% following its announcement of plans to cut 30% of its metaverse division, which has been a major financial drain for the company [3][7] - The overall market is showing mixed results, with the Nasdaq and S&P 500 opening higher, while the Dow and Russell 2000 are performing differently, influenced by jobless claims and layoffs reports [2][4] Company Updates - Guidewire Software's stock rose by 10.8% due to positive earnings, while Snowflake's stock fell by 9.1% amid ongoing earnings season [6] - Dollar General's stock increased by 4.6% after reporting strong earnings and raising its outlook, indicating positive market sentiment towards the company [7] - Brown-Forman's stock dropped by 5% following a disappointing earnings report that showed declining profits and revenues, reflecting ongoing challenges post-pandemic [8] Market Trends - Natural Gas prices decreased by 1.04% to $4.943, while Brent crude oil increased by 0.32% to $62.87, indicating varied performance in commodity markets [4] - The 10-year Treasury yield rose to 4.083%, with anticipation building for the Federal Reserve's upcoming December meeting [5]