The worries of higher-for-longer inflation rooted in sky-high goods tariffs kept investor enthusiasm in check on Wall Street. Circular AI trade worries contributed to market jitters.

MU
U.S. job market growth fell to the slowest pace since 2020 and the Great Recession as the government at all levels shed jobs and private sector hiring cooled off in the year to November.

LEN
High-priced artificial intelligence-linked stocks extended ten-week losses to over 15% after reaching record highs in late October. November's nonfarm payroll data confirmed a low-hire, low-fire job market.

NVDA AVGO GE GEV META
Aggressive growth-seeking investors avoided increasing exposure to high-flying technology stocks and rotated into industrial and cyclical stocks.

AVGO OXM
High-flying AI-linked tech stocks turned lower after Oracle's results reignited fears about the sustainability of elevated investment in AI infrastructure while returns lag.

ORCL ADBE SNPS
Investors shifted focus to the Fed's 2026 rate stance and economic projections amid a growing macroeconomic uncertainty and stretched valuations.

GME AVTE CBRL GEV BRZE
Investors are beginning to factor in the possibility of Wednesday's rate cut with a signal for fewer cuts in 2026, injecting more uncertainty.

MSFT AVGO AZO CBRL CHWY ORCL SNPS MTN


Investors on Wall Street debated the future rate path ahead of the Fed's rate decisions on Wednesday. Switzerland-based UBS plans to cut an additional 10,000 positions by 2027.

Wall Street indexes hovered near recent levels on Friday, amid mixed economic updates and rate paths and macroeconomic uncertainty.

ULTA SOFI HPE
The weaker-than-expected jobs report raised expectations that the Federal Reserve may consider trimming interest rates following the policy meeting next week.

CRM SNOW
U.S. indexes struggled near record highs as investors held out for improving earnings, higher holiday spending, and favorable rate decisions.

MRVL OKTA

U.S. Movers: Marvell Technology, Okta

Dec 3, 2025
Scott Peters
Marvell Technology agreed to acquire Celestial AI for upfront cash and milestone-based future payments. Okta reported better-than-expected quarterly results, but the cybersecurity company's current quarter outlook fell short of market expectations.

OKTA MRVL
Wall Street indexes lacked direction after halting a five-session rally on Monday. Gold eased 1% after investors booked profit after prices reached a six-week high at the start of the week.

MDB CRDO
Wall Street indexes rested on Monday, gold advanced to a six-week high, and crude oil increased 2% after OPEC+ reaffirmed its decision to suspend production increases during the first quarter of 2026.



Wall Street indexes are set to close higher for the week and register losses in November amid growing concern about AI-linked high-flying stocks.

Stocks in New York meandered, gold edged higher, and crude oil retained its downward bias.

DELL URBN HPQ