- Solve real problems with our hands-on interface
- Progress from basic puts and calls to advanced strategies

Posted December 2, 2025 at 9:14 am
Briefing.com Summary:
December is typically a good month for the stock market, but this December got off to a shaky start yesterday with losses for the major indices. Yes, there was buy-the-dip action intraday, but that bid fell away, and the indices finished a lot closer to their lows for the session than their highs.There is an effort afoot to get things turned around and back on track. The S&P 500 futures are up 22 points and are trading 0.4% above fair value, the Nasdaq 100 futures are up 116 points and are trading 0.5% above fair value, and the Dow Jones Industrial Average futures are up 141 points and are trading 0.4% above fair value.It isn’t much, but a bounce in Bitcoin (+2.0%), some gains in the mega-cap space, and a 23% gain in database software company MongoDB (MDB) after its earnings report have precipitated the renewed buying interest.The stock market, however, appears to be keeping a leery eye on the Treasury market, where there isn’t much buy-the-dip interest after yesterday’s selling. The 10-yr note yield, which jumped eight basis points yesterday to 4.10%, is up one basis point today to 4.11%.The specter of Japanese buyers backing off purchases, with yields at home moving higher, inflation worries, and the possibility of tariffs needing to be refunded to businesses in the event of an adverse Supreme Court ruling on the president’s tariff authority have conspired to keep a lid on things for the time being.Costco (COST), in fact, has sued the Trump administration, seeking a full refund of the tariffs it has already paid as it aims to get ahead of a SCOTUS ruling that might not come in time to satisfy a December 15 liquidation date. The company’s request to extend that date was denied by the U.S. Customs and Border Protection.Other corporate headlines of note include reporting that Netflix (NFLX) and Paramount (PSKY) have made cash bids (“mostly cash” from Netflix) to acquire Warner Bros. Discovery (WBD), Signet Jewelers (SIG) topping Q3 earnings expectations, a Wall Street Journal report that Walt Disney (DIS) will likely pick its next CEO from within the company, and Marvell Technology (MRVL) taking an interest in acquiring Celestial AI for more than $5 billion, according to The Information.In brief, there isn’t a lot of corporate news moving the market needle this morning, and there won’t be any economic data today in that regard either.The early buying interest reflects more of the back-and-forth action of a market playing the seasonality game while remaining cognizant of stretched valuations and concentration risk.
—
Originally Posted December 2, 2025 – More back-and-forth action
Information posted on IBKR Campus that is provided by third-parties does NOT constitute a recommendation that you should contract for the services of that third party. Third-party participants who contribute to IBKR Campus are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.
This material is from Briefing.com and is being posted with its permission. The views expressed in this material are solely those of the author and/or Briefing.com and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. Eligibility to trade in digital asset products may vary based on jurisdiction.
Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading futures, please read the CFTC Risk Disclosure. A copy and additional information are available at ibkr.com.
Security futures involve a high degree of risk and are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading security futures, please read the Security Futures Risk Disclosure Statement. For a copy visit ibkr.com
Join The Conversation
For specific platform feedback and suggestions, please submit it directly to our team using these instructions.
If you have an account-specific question or concern, please reach out to Client Services.
We encourage you to look through our FAQs before posting. Your question may already be covered!