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Daily Market Recap (December 2nd 2025)

02 Dec 2025

Description

The compiled sources provide a detailed snapshot of financial markets and global economic conditions on December 2, 2025, highlighting a market rebound fueled by the high probability of a Federal Reserve rate cut due to signs of a cooling economy. This recovery was underscored by significant corporate news, including MongoDB stock surging after better-than-expected quarterly results and Boeing shares soaring after the company forecasted positive free cash flow in 2026. However, major macroeconomic headwinds remain, as the OECD expects global GDP growth to slow next year because the negative effect of tariffs and trade barriers is expected to outweigh investment in artificial intelligence. Further complicating the trade outlook, warehouse retailer Costco is seeking a refund by suing the Trump administration over the constitutionality of existing tariffs. In related corporate legal news, Bayer stock jumped following the U.S. Solicitor General’s support for a Supreme Court review regarding the litigation over its Roundup weed killer.

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