New Delhi, Dec. 5 -- NEW YORK - Wall Street closed higher on Wednesday, December 3, 2025, with the Dow Jones Industrial Average surging more than 400 points in a stark rebound fueled by unexpectedly weak private jobs data that supercharged expectations for a Fed rate cut next week. The ADP National Employment Report revealed a stunning plunge of 32,000 private payrolls in November, shattering forecasts for a 115,000-job gain and exposing vulnerabilities in small-business hiring amid economic uncertainty. As traders parsed the numbers, the S&P 500 climbed 0.3% to 6,849.72, inching toward its all-time high, while the Nasdaq Composite eked out a 0.2% advance to 23,454.09, tempered by tech sector caution.

This session's dynamics reflected a ...