Macron Visits China – India Strengthens Russia Relations – Salesforce Fuels New Fantasies – Snowflake Raises Annual Forecast – Microsoft Under Pressure Due to Lowered Growth Targets

On Wednesday, December 3, 2025, the major US indices made a significant leap forward. The Dow Jones rose by about 0.86% to approximately 47,882.90 points, the S&P 500 gained 0.3% to 6,849.95 points, and the Nasdaq Composite climbed by 0.17% to 23,454.09 points. All three closed near their record highs. The driving force behind the market surge was a surprisingly weak private employment report according to ADP. The drop in private job numbers increased the likelihood that the Federal Reserve would lower interest rates in early December. At...