The New York Stock Exchange today reflects optimism — Dow Jones Industrial Average rises more than 0.9%, while S&P 500 and Nasdaq Composite rebound slightly.

The surprising drop of 32,000 jobs in November according to ADP sparked expectations that the Federal Reserve will cut interest rates next week.

In the tech sector, Microsoft shares plummeted nearly 3%, putting pressure on the Nasdaq.

But there are counterweights: shares of companies like Marvell Technology and Microchip Technology rose strongly after good results, which helped sustain the overall mood.