Stock indexes closed higher on Tuesday, with the S&P 500, Dow Jones, and Nasdaq 100 all posting gains. Chip stocks led the rally, with MongoDB and Credo Technology reporting strong earnings. Boeing surged after positive cash flow projections. OECD kept global GDP forecast at +3.2% but raised US and Eurozone GDP forecasts.

US economic news will be in focus this week, with key data releases expected. Market expects another -25 bp rate cut at FOMC meeting. Q3 corporate earnings season ending on a high note, with 83% of S&P 500 companies beating forecasts. Overseas markets settled mixed, with Euro Stoxx 50 climbing.

Interest rates saw T-notes closing higher as the 10-year yield fell. Fed rate cut expectations rose to 98%. European government bond yields moved lower. Eurozone Nov CPI beat expectations. Swaps indicate a low chance of ECB rate cut. Cryptocurrency-related stocks surged, while defensive food stocks retreated.

Notable stock movements included MongoDB (+22%), Boeing (+10%), Credo Technology (+10%), Teradyne (+5%), and Cloudflare (+2%). Six Flags Entertainment saw an upgrade, while Symbotic and Block faced downgrades. Packaging Corp of America and Maplebear also closed lower. Procter & Gamble dipped on consumer weakness concerns. Earnings reports for 12/3/2025 include Dollar Tree, Macy’s, Salesforce, and more.

Read more at Nasdaq: Stocks Settle Higher on Strength in Chip Makers and Boeing