Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
U.S. Government Faces Brief Shutdown as Congress Delays Funding Deal 
UK Employers Plan Moderate Pay Rises as Inflation Pressures Ease but Persist 
Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors 
Wall Street Slips as Tech Stocks Slide on AI Spending Fears and Earnings Concerns 
Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout 
Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes 
China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook 
China Home Prices Rise in January as Government Signals Stronger Support for Property Market 
Oil Prices Slide Nearly 3% as U.S.-Iran Talks Ease Geopolitical Tensions 
Dollar Holds Firm as Markets Weigh Warsh-Led Fed and Yen Weakness Ahead of Japan Election 
Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets 
U.S.–Venezuela Relations Show Signs of Thaw as Top Envoy Visits Caracas 
South Korea Exports Surge in January on AI Chip Demand, Marking Fastest Growth in 4.5 Years 
Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry 
U.S. stocks moved higher on Friday during a shortened post-Thanksgiving trading session, supported by renewed optimism for a potential Federal Reserve rate cut in December and solid gains across retail and technology shares. The low-volume session still delivered steady momentum, helping major indexes extend their weekly advance.
The Dow Jones Industrial Average climbed 0.61% to 47,716.42, while the S&P 500 gained 0.54% to close at 6,849.09. The Nasdaq Composite added 0.65%, ending at 23,365.69. Most S&P 500 sectors finished in positive territory, with healthcare the sole laggard as Eli Lilly slipped 2.6%.
Tech stocks helped lift the broader market, driven in part by Intel’s 10.2% surge after an analyst at TF International Securities reported that the chipmaker is expected to begin supplying Apple’s lowest-end M processors by 2027. The news helped bolster sentiment surrounding semiconductor and AI-linked names, even as concerns about stretched valuations persisted.
All three major indexes posted solid weekly gains. The S&P 500 rose 3.73% for the week, the Nasdaq advanced 4.91%, and the Dow gained 3.18%. The S&P 500 and Dow also stabilized enough to edge into slightly positive territory for the month. The Nasdaq, however, ended November down 1.51% as investors continued trimming exposure to high-growth tech and AI stocks following months of strong rallies.
Friday’s session was briefly disrupted after a CME Group technical outage temporarily halted futures trading for currencies, commodities, and equity contracts worldwide. CME attributed the issue to a cooling malfunction at a CyrusOne data center. Although the impact was limited due to the holiday-light volume, market analysts noted that such incidents highlight the vulnerabilities in globally interconnected markets.
With the holiday shopping season officially underway—spanning Thanksgiving, Black Friday, and the upcoming Cyber Monday—investors are watching retail performance closely as consumer spending remains a key driver for year-end market direction.
