US Equity Markets Close Higher Amid Rising Odds of December Fed Rate Cut

04:09 PM EST, 11/25/2025 (MT Newswires) -- US equity indexes closed higher Tuesday amid growing expectations of a Federal Reserve interest rate cut in December following declines in consumer confidence and retail sales.

* The likelihood of a 25-basis-point interest rate cut in December rose to 83.8%, according to the CME FedWatch Tool.

* US consumer confidence fell in November, with the Conference Board's index dropping to 88.7 from 95.5 in October, missing Bloomberg's survey estimate of 93.3.

* US retail sales rose 0.2% in September, slowing from a revised 0.6% increase in August and falling short of economists' expectations for a 0.4% gain, according to data from the Census Bureau.

* January West Texas Intermediate crude oil fell $0.89 to settle at $57.95 per barrel, while January Brent crude, the global benchmark, was last seen down $0.88 to $62.49.

* Keysight Technologies (KEYS) shares were up nearly 10%, the top gainer on the S&P 500 after the company posted stronger-than-expected fiscal Q4 results and an upbeat quarterly outlook.

* Advanced Micro Devices (AMD) shares fell about 4.5% after The Information reported Monday that Meta Platforms (META) is planning on using artificial intelligence chips designed by Alphabet's (GOOG, GOOGL) Google (GOOG) unit. Nvidia's (NVDA) shares also dropped roughly 2.9%

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