Stock market today

The results of Wednesday’s trading (December 3) show that even seemingly modest figures may hide important signals about the state of the stock market and investor behavior. The S&P 500 index added only +0,3%, and the Nasdaq – +0,2%. At first glance, the growth appears extremely moderate, however, upon closer examination it becomes clear that the market is showing breadth of growth, which indicates the involvement of multiple sectors and asset classes, not just individual technology giants.

Broad front of growth
The Dow Jones rose by +0,9%, confirming positive movement among large companies with stable profit and capitalization. Particularly notable is the growth of the Russell 2000, which represents small companies: the index added +1,9%, updating a five-week high. This growth indicates that investors are gradually ceasing to focus solely on macroeconomic data, such as weak employment figures, and are betting on the possibility of the Federal Reserve lowering interest rates in the future. In other words, the market demonstrates readiness for a more aggressive buying strategy even in the presence of mixed economic signals.

Sector leaders
The following industries are at the forefront of the movement: transportation, metallurgy, the banking sector, and biotechnology. Here, stock growth ranged from +2% to +4.7%, which indicates broad support from both institutional investors and retail market participants.

• The transportation ETF (IYT) broke through a key technical level, which can be interpreted as a signal for the continuation of the trend.
  
• Shares of J.B. Hunt showed an impressive increase of +40% in Q4, reflecting investor optimism regarding the recovery of the transportation sector and the strengthening of the US economy.
  
• Tesla (+4.1%) and Robinhood (+6.1%) returned above their 50-day moving averages, which is traditionally considered a technical signal for entry-point hunters ready to increase positions in growing stocks.

Investment takeaway
The market shows resilience and breadth of growth, which makes the current period favorable for gradually increasing the share of stocks in a portfolio to 60-80%. It is important to note that growth is not limited solely to tech giants and the AI sector: opportunities for investment are present across different segments of the economy. Investors should pay attention to sectors that remain outside the main hype – transportation, metallurgy, banking, biotech – where stocks with high long-term growth potential can be found.

Outlook for 2026
A question for investors and analysts: which industries do you consider the most promising for investment in 2026? Which sectors, in your opinion, will be able to demonstrate sustained growth even under potential changes in monetary policy and the economic environment? The answers to these questions will help adjust asset allocation strategies and extract maximum benefit from the current market breadth.