Trade overview: current reports, trends, indices, stock prices, bonds, foreign exchange and commodities and analyst recommendations
20:00
Wall Street closed higher at the end of a shortened trading day following the Thanksgiving holiday. The Dow closed up 0.6%. The S&P 500 rose 0.5%, the Nasdaq rose more than 0.6%.
“The market is now 80% to 85% certain that we’re going to get a rate cut by the Federal Reserve,” Brian Mulberry, portfolio manager at Zacks Investment Management, told CNBC.
The Dow Jones is on track to end the weekly period up more than 3%. The S&P 500 also rose more than 3%, the Nasdaq rose more than 4% on a weekly average, but closed the month lower.
According to Adobe Analytics, Black Friday discounts have led to $6.4 billion in consumer spending online so far, up 5.3% from the previous year. The company expects Black Friday spending to rise 8.3% to $11.7 billion.
What could have contributed to the strong pace of acquisitions was that the discounts were slightly higher than Adobe expected. Discounts on electronic products reached a peak of 28% of the listed price, while discounts on fashion items reduced about 25% of the listed price, and computer prices decreased by an average of 23%. Toy prices fell 27%, and appliance prices fell 19%, according to Adobe.
19:15
European stock markets closed higher. Dax was locked up by about 0.3%, Kac rose by a similar rate. Potsi closed up 0.27%.
The Dow is currently up 0.6%. S&P 500 and Nasdaq register gains of about 0.4%.
General Motors Increases by about 1.2% and is trading at an all-time high, since the 2010 issue. Walmart Increases by 1% and is also at an all-time high. Broadcom It is also at a peak since the issue and is up by about 0.9%.
17:25
Trading on the Wall Street exchanges is going up. The Dow Jones index rises by 0.5%. The S&P 500 adds about 0.2% to its value, the Nasdaq rises at a similar rate.
Airline stocks are rising amid a busy Thanksgiving weekend, as the Federal Aviation Administration said it was bracing for the highest number of trips in 15 years — more than 360,000 flights.
Airlines also benefit from lower fuel prices. A gallon of jet fuel is down 14% in the past week, 7% in the past month and 5% since the start of the year, according to FactSet data.
Alaska Air Group climbs by 0.8% andUnited Airlines Holdings andJet Blue Airways rising by 0.7% and 1%, respectively.
16:30
The Wall Street stock exchanges opened with slight gains on the last day of trading this month, after a malfunction that occurred this morning in the cooling systems in one of the stock exchange’s data centers, which led to a partial shutdown of the systems.
The Dow rises by about 0.2%, the S&P 500 rises by a similar rate, the Nasdaq adds about 0.4%.
13:17
Trade in Europe continues to be conducted without significant changes.
Following the malfunction that occurred this morning at the Chicago Stock Exchange (CME), a CME spokesman stated that trading is still suspended. “The teams are working to solve the problem in the near term, and we will update the customers with the early trading details as soon as they are available.” The organization noted that it may take time for the price movements in the affected contracts to be updated after the problem is resolved.
The Globex futures and options markets, the EBS forex platform and the BMD markets were all affected by the outage, as were WTI crude futures prices, US 10-year Treasuries and the S&P 500, according to LSEG data.
11:30
Trading in Europe is unchanged: the DAX and KAC lose 0.1% in value, and the Posti rises by 0.1%.
British Airways stock easyjet rose 2.2%, in response to its positive reports published on Wednesday, in which the company raised the profit forecast for the holiday packages division.
stock puma The German is down about 0.7% in early trading this morning, after last night (Thursday) the stock jumped more than 18% following a report that the Chinese sports giant Anta Sports is preparing to submit a purchase offer.
The technology giant in Ido Establishes itself as one of China’s main players in the field of artificial intelligence chips, and positions itself as a competitor to Huawei – as both try to fill the void created by the absence of Nvidia which refrained from shipping products to China.
Baidu, best known as China’s largest search engine, has focused on autonomous vehicles and AI in recent years, including the division in its core division, which designs chips. Several analysts have raised their forecasts for Baido stock in recent weeks, based on chip activity and an expectation that the division will receive more domestic orders.
Investors are also following defense stocks, against the background of the US’s continued attempts to mediate a peace agreement between Russia and Ukraine. Russian President Vladimir Putin first addressed the plan on Thursday, saying Russia was ready for “serious talks.”
10:46
Trading in futures contracts and options at the Chicago Stock Exchange (CME) was shut down this morning (Friday), after a malfunction occurred in the cooling systems in one of the exchange’s data centers. “Due to a failure of the cooling systems in the CyrusOne data centers, trading in our markets is suspended at this time,” the CME said. “The teams are working to solve the problem as soon as possible, and we will update the customers with the early trading details as soon as they are available.”
The CME conducts futures and options trading across a wide range of asset classes, including agricultural commodities, energy, metals and stocks. This means that futures prices for WTI, the US 10-year Treasury note and the S&P 500 have not been updated, according to LSEG data.
10:15
The trading day in Europe opened without significant changes, towards the end of a volatile month. The overestimations in the field of artificial intelligence caused sharp fluctuations and waves of realizations, alongside insights from the report season. The Dax index loses its value 0.1%, the Kac index trades unchanged, and the Posti increases by 0.1%.
In Asia, the trading day closed with a mixed trend – the Kospi index fell by 1.5%, the Nikkei was unchanged, the Hang Seng in Hong Kong by 0.1% and the Shanghai closed up by 0.3%.
08:22
Trading in Asia this morning follows a mixed trend: the Hang Seng index is down 0.3%, the Kospi in South Korea is down 1.4%, the Nike index is unchanged, while the Shanghai index in China is up about 0.2%, and Shenzhen is up about 0.5%.
There was no trading on Wall Street last night, due to the celebration of Thanksgiving in the US, and today there will be a shortened trading day. The futures contracts on Wall Street indices trade with slight increases of up to 0.1% during the Thanksgiving holiday, which leaves the Nasdaq index on the direct track to end a streak of seven months of increases.
The positive momentum in recent days is taking place against the background of increased expectations for an interest rate cut in December and the renewed optimism surrounding the latest developments in the AI sector. A retreat in technology stocks weighed on the main indices this month.
Trading in European stock markets closed last night with slight gains. Dax rose 0.2%, and Putsy and Kac closed unchanged. The Stoxx 600 rose 0.1%.
In the commodity markets, oil prices showed no significant changes: the price per barrel of Brent rose by 0.5% to $63.2 per barrel, and the price for WTI type oil traded at approximately $59 per barrel.
Gold traded up 0.7% to $4,220 per ounce.
In the crypto market, the Bitcoin rate shows an improvement trend with an increase of 0.2% hourly, and at a price of 91 thousand dollars. Earlier this week, the cryptocurrency traded around $81,000. However, Bitcoin is still far from the all-time high it reached in early October, when it traded around $126,000.
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