S&P 500, Dow and NASDAQ finish on the lower side as Wall Street ends the day in red: Blue Water Acquisition rises 332%, Paranovus Entertainment sees the sharpest drop; check top gainers and losers

US Stock Market News: US stock markets turned lower on Monday (December 1, 2025) as all the key indices on Wall Street - S&P 500, NASDAQ and Dow Jones - ended the day on the downside. The downturn was on display as investors awaited key US data that could play a role in Federal Reserve deliberations ahead of an expected cut to interest rates next week.

Wall Street's three main indices finished lower, with the S&P 500 losing 0.5 percent after spending the entire session in the red. Expectations that the Federal Reserve would continue easing monetary policy into the new year have recently helped equities mitigate lingering concerns about an artificial intelligence-fueled bubble.

Markets see a nearly 90 percent chance of a third successive US rate cut on December 10, with traders closely watching this week's American data on private job creation, services activity, and personal consumption expenditure—the Fed's preferred gauge of inflation. Bets on a rate cut surged in late November after several Fed policymakers expressed greater concern over a weakening labor market than stubbornly high inflation.

Here are the top gainers and losers on NASDAQ

As of December 1, 2025, at 4:15 PM ET, several stocks posted the most significant advances in the market. Leading the list was Blue Water Acquisition Corp. III Warrant (BLUWW) with an impressive +332.0637% gain. It was followed by Fly-E Group, Inc. (FLYE), which rose +259.6811%, and Coincheck Group N.V. Warrants (CNCKW), advancing +240%. Also among the top performers were Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares (AHMA) with a +195.6701% increase and Coincheck Group N.V. Ordinary Shares (CNCK), which climbed +143.2099%.

As far as losers are concerned, several stocks experienced steep declines during the same period. Paranovus Entertainment Technology Ltd. (PAVS) witnessed the biggest drop of the day at -92.5714% followed by Robo.ai Inc. Warrant (AIIOW) which saw a decline of -53.3333%, while USA Rare Earth, Inc. Warrant (USARW) fell -45.2736%. The last two in the list were Seven Hills Realty Trust Right (SEVNR) which decreased by -43.9286%, and Columbus Circle Capital Corp I Class A Ordinary Shares (BRR) which declined -43.1527%.