Stock Market Today: Nasdaq, Russell 2000 Gain After Sluggish Start Post-Thanksgiving Holiday

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Happy Tuesday. This is TheStreet’s Stock Market Today for Dec. 2, 2025. You can follow the latest updates on the market here in our daily live blog.

Update: 6:52 a.m. ET

Opening Bell

The U.S. markets have now been open for a few minutes. At last glance, all four equity indexes are in the green. The Nasdaq (+0.71%) and Russell 2000 (+0.61%) are repping the large cap and small cap trade, while the S&P 500(+0.27%) and Dow (+0.07%) lag a little further behind.

Continuous futures for Crude Oil (-1.5% to $62.23), Gold (-0.55% to $4,251), and Silver (-0.92% to $58.59) are facing declines today. In addition, the 10Y Treasury is 1 bip higher at 4.106%.

Here are some of the big stories this morning (this will be updated periodically):

• MongoDB (+26%) after strong earnings, driven by AI growth
• Credo Technology Group (+19.4%), a key provider of wired connection infrastructure, sees revenue jump 272% thanks to hyperscaler growth
• Adobe reports that Black Friday online spending set new record at $11.8 billion, bringing five-day holiday shopping season to $44.2 billion
• Nvidia(+2.75%) gets nice bump to start trading day as it presents at UBS Conference
• Apple (+0.5%) hits fresh record at $284.53 after announcing AI leadership changes
• OpenAI's Sam Altman circulates "code red" memo to employees after Alphabet and Anthropic launch strong new models to compete with ChatGPT
• Boeing (+8%) breaks out, lifting Dow as CFO promises "higher" 737 and 787 delivers next year; positive free cash flow
• Strategy (+6.2%) rebounds as Bitcoin jumps 5.9% in the last 24 hours; eclipses $90K
• Eventbrite (+47%) to be acquired for $500 million by Bending Spoons
• Michael and Susan Dell will contribute $250 to individual investment accounts for 25 million American children -- over $6 billion in total -- as part of new "Trump accounts" initiative, per NYT

Update: 7:42 a.m. ET

A.M. Update

Good morning. Futures are currently tilted to the upside after a so-so start to the week, which saw U.S. equities book declines after the abbreviated Thanksgiving holiday week. Here's what is on deck for today:

Earnings Today: BHP Group, CrowdStrike, American Eagle

This morning, MongoDB's after hour earnings have been the talk of the street. It was among the sole reports in yesterday's after hour slate, with its stock up more than 20% in the premarket. We'll get to see if today's largest reports can also deliver surprises of their own.

Here are all of the companies reporting today with at least a $1 billion market cap, per Nasdaq:

Economic Data + Events: Redbook, Vehicle Sales, Fed's Bowman to Speak

Today will be a sort of 'calm before the storm', with just a handful of economic data points and events on today's slate before a comparatively busy end to the week -- which will include the ISM PMI, Michigan Consumer Sentiment, and the last Jobless Claims before the Fed's December policy meeting.

Here's everything on deck today, per data from TradingEconomics: