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Daily Wrap-Up: Mixed Start to the Month | Dec 1, 2025

By March 28th, 2026General Articles2 min read

Monday’s S&P 500 index futures session kicked off December on a softer note, giving back some of the Thanksgiving week rally as conflicting manufacturing data and profit-taking weighed on sentiment.

Overnight trading printed the session high early at 6864.50, forming a double-top with Friday’s peak, before bears pressed to a low of 6802, where bulls defended the psychological level. A modest recovery into the regular-session open met choppy conditions. November’s S&P final manufacturing PMI beat estimates slightly, offering brief support, but the ISM manufacturing index missed expectations and helped flip momentum lower.

Support re-emerged near the regular session open, fueling an afternoon bounce that nearly reclaimed the premarket high. The move reversed again in the penultimate hour, with buyers and sellers battling near Friday’s low into the close. The regular session finished below the midpoint at 6826.75, down 32.75 handles.

Tuesday brings a quiet macro calendar but several earnings reports, mostly after the close.

Among top index components, NVIDIA Corp (NASDAQ: NVDA) emerged as the biggest gainer. The chip designer rose $2.92 or 1.65% to close at $179.92.

That performance was over two percent better than the cash index’s 0.46% decline.

The biggest loser was Broadcom Inc (NASDAQ: AVGO). For the day, the chip designer fell $16.88 or 4.19% to close at $386.08, despite multiple analyst price-target increases.