CNBC: The market remains confident in a year-end rally, with cautious optimism on the rise.

On December 3, according to CNBC, although the market may have had a rocky start to December, the trading engine still seems to have momentum and is expected to reverse the turbulence seen in November. Bitcoin has recouped some of its recent losses, and tech stocks rose during Tuesday’s trading in the US, allowing the stock market to bounce back from the previous session’s pullback—which had interrupted a five-day winning streak. This rebound indicates that investors’ willingness to take market risks has not disappeared but just needed a brief pause. Other indicators also show continued confidence in a year-end rally. According to CME FedWatch, investors estimate there is as much as an 89.2% probability that the Federal Reserve will cut interest rates by a quarter percentage point at the upcoming December 10 meeting. This expectation has risen sharply compared to a month ago, when the probability was closer to a “coin toss.” Doug Beath, global equity strategist at Wells Fargo Investment Institute, said, “Barring any surprises, the market’s attention is shifting back to fundamentals. The market seems to be focusing on better-than-expected fourth-quarter and 2026 calendar year earnings forecasts, and is also looking beyond the current period of economic weakness to an acceleration in growth later next year.” If investors are looking for a theme for the year-end market, they may have finally found one: cautious optimism is striving to drown out the market noise.