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US MARKET DAILY PULSE REPORT, December 4, 2025

Indexes Idle at Peaks as a Stock-Picker’s Storm Rages Beneath

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Bill Cara
Dec 04, 2025
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The US markets hovered near record highs on Wednesday, displaying a calm that belied the ferocious rotation churning below the surface. All eyes are locked on tomorrow’s inflation data and the Fed’s pivotal December meeting, but capital is already voting—with extreme prejudice.

A stark “dispersion doom” gripped technology: AST SpaceMobile (ASTS) soared 1…

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