03:54 PM EST, 11/25/2025 (MT Newswires) -- US equity indexes rose ahead of Tuesday's close as bets for a third consecutive interest-rate cut in December remained elevated following declines in consumer confidence and retail sales.

The Dow Jones Industrial Average jumped 1.5% to 47,121.1, with the S&P 500 up 0.9% to 6,766.2 and the Nasdaq Composite 0.6% higher at 23,012.5 in a broad-based rally led by healthcare and consumer discretionary. Technology was off session lows, recovering almost all its intraday declines by the final leg of trading.

The Conference Board's measure of consumer confidence declined to 88.7 in November from 95.5 in October, compared with 93.3 expected in a survey compiled by Bloomberg. The US Census Bureau's retail sales report showed a 0.2% increase in September, below a revised 0.6% jump in August and consensus for a 0.4% gain.

ADP's weekly measure of private payrolls showed a preliminary average decrease of 13,500 jobs in the four weeks ending on Nov. 8.

The producer price index rose 0.3% on a seasonally adjusted basis in September, in line with the Bloomberg-compiled forecast. The print, however, showed a rebound from the 0.1% deceleration in August, the Bureau of Labor Statistics reported Tuesday. After excluding food and energy prices, core PPI grew 0.1%, below the 0.2% acceleration expected.

Markets are pricing in an 83% probability that the Fed will reduce its benchmark lending rate by a quarter percentage point on Dec. 10, according to the CME FedWatch tool. Most US Treasury yields fell, with the 10-year down 2.8 basis points to 4.01% and the two-year yield slid 2.6 basis points to 3.46%. Gold futures jumped 1% to $4,132.41.