On Monday, the month of December kicked off with benchmark indices declining after a five-day winning streak.
Meanwhile, the UK and the U.S. reached a landmark agreement to eliminate tariffs on British pharmaceutical products being exported to America. The U.S. has also pledged not to challenge the UK's pharmaceutical pricing practices in any sector investigations for the remainder of President Donald Trump‘s term.
The 10-year Treasury bond yielded 4.09% and the two-year bond was at 3.53%. The CME Group's FedWatch tool‘s projections show markets pricing an 87.2% likelihood of the Federal Reserve cutting the current interest rates during its December meeting.
Futures
Change (+/-)
Dow Jones
0.07%
S&P 500
0.11%
Nasdaq 100
0.20%
Russell 2000
0.43%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Tuesday. The SPY was up 0.12% at $681.08, while the QQQ advanced 0.19% to $618.35, according to Benzinga Pro data.
Stocks In Focus
MongoDB
MongoDB Inc. (NASDAQ:MDB) surged 22.84% after reporting better-than-expected third-quarter financial results and raising its FY26 guidance above estimates.
Benzinga’s Edge Stock Rankings indicate that MDB maintains a stronger price trend over the short, medium, and long terms, with a strong growth ranking. Additional performance details are available here.
CrowdStrike Holdings
CrowdStrike Holdings Inc. (NASDAQ:CRWD) rose 1.08% as analysts expect it to post quarterly earnings at 94 cents per share on revenue of $1.21 billion after the closing bell.
CRWD maintained a weaker price trend over the long and medium terms, with a weaker trend in ...
