Core Insights - The stock market is experiencing a tech outage that halted trading on Black Friday, but major indexes were on track for their best week since June [1][2][4] Market Performance - Futures for the Nasdaq, S&P 500, and Dow Jones were up 0.2%, 0.1%, and 0.1% respectively before the trading halt [2][8] - The Nasdaq is up 4.2% for the week, while the S&P 500 and Dow are up approximately 3.2% and 2.6% respectively [4] Commodity and Currency Updates - WTI crude futures increased by 0.7% to $59.10 per barrel, and gold futures rose by 0.5% to $4,220 per ounce [2] - Bitcoin remained stable at around $91,300, and the U.S. dollar index was up 0.2% at 99.80 [3] Corporate News - Robinhood Markets saw a nearly 11% increase in shares due to expansion in prediction markets, with a further 1.5% rise in premarket trading [5] - Alphabet's shares rose 1.5% after the announcement of its advanced Gemini 3 AI model, with a market capitalization of $3.87 trillion [6]

Core Insights - U.S. Treasury yields and the U.S. dollar are rising despite trading disruptions caused by a technical outage at the Chicago Mercantile Exchange (CME) [1][2] - The CME outage is affecting futures trading, while the dollar is performing well against other G-10 currencies, with the DXY dollar index increasing by 0.2% to 99.772 [2] Treasury Yields - Treasury yields have increased by up to 3 basis points across various maturities [2] - The spreads between bid and ask levels remain wide, indicating thin trading conditions due to the CME outage and the recent U.S. Thanksgiving holiday [2]

Core Viewpoint - The CME's technical failure has disrupted trading, leading to a halt in gold prices at $4,221.30 per ounce before the US market opened, which may result in price volatility once trading resumes [1] Group 1: Market Impact - The technical failure at CME has exacerbated the already low trading volume following the Thanksgiving holiday in the US [1] - Market observers suggest that once trading resumes, there could be significant price fluctuations in gold [1] Group 2: Price Movement - Gold prices are expected to record a weekly increase of 3.5%, driven by renewed expectations of a Federal Reserve rate cut in December [1] - The anticipated rate cut is seen as beneficial for non-yielding assets like gold [1]

Core Viewpoint - The Chicago Mercantile Exchange (CME) experienced a significant system outage that halted trading across various markets, affecting contracts worth trillions of dollars, highlighting its critical role in global financial infrastructure [1][2]. Group 1: Incident Overview - The CME's trading of futures and options was completely suspended due to a data center failure, impacting a wide range of assets including S&P 500 futures, foreign exchange, U.S. Treasury bonds, and various commodities [1]. - The outage occurred on a day when trading was already expected to be light due to the Thanksgiving holiday, exacerbating the situation for traders who rely on CME for liquidity [4]. Group 2: Market Reactions - Traders expressed frustration over the inability to execute trades, with some seeking alternative channels to maintain operations, although liquidity was significantly lower than that provided by CME [1][4]. - The incident has raised concerns about the reliability of exchanges and data center operators, as similar outages have occurred at other exchanges in recent years, indicating a growing risk in the global pricing system [2]. Group 3: Impact on Trading Activities - The outage coincided with the monthly expiration of gasoline and diesel futures, which could involve physical delivery, complicating the situation for oil brokers [3]. - Cash bond trading was intermittently affected, leading to reduced hedging capabilities for traders, although some alternative hedging tools saw increased activity in the London market [4]. Group 4: Broader Implications - The freezing of trades worth trillions of dollars during a critical year-end period poses significant risks for mutual funds and other market participants [4]. - Investors, already cautious due to low liquidity, opted to stay on the sidelines amid the system disruption, further highlighting the vulnerability of trading operations during such outages [4].

Core Insights - U.S. stock futures trading was halted due to a data-center cooling issue, impacting the market just before the Black Friday opening [1] - CME Group has begun to restore trading in some markets, specifically in fixed-income markets like BrokerTec US Actives and BrokerTec EU [1][2] - Other markets, including futures contracts for gold, silver, oil, and stock futures, remain halted [2]

钛媒体App 11月28日消息，经历数小时系统故障导致全球市场受扰后，芝商所开始逐步恢复正常运作。 根据芝商所集团官网公告，外汇交易平台EBS市场已于伦敦时间中午12点重启。此次故障影响了这个全 球性交易平台，追踪标普500指数、道琼斯工业平均指数和纳斯达克100指数的数百万份合约，几乎每天 24小时都在芝商所进行交易。正值部分头寸仓位需要从一个月度合约延展到另一个月度合约的这个关键 时刻，市场参与者损失了数小时交易时间，此次故障引发广泛不满。据设施运营商CyrusOne称，此次 故障是由芝加哥地区某数据中心的冷却系统问题引发的。（广角观察） ...

Core Insights - CME Group experienced a system outage due to a cooling issue at the CyrusOne data center, leading to a halt in trading across its platforms, affecting key commodities like gold, silver, and copper [1][2] - Prior to the outage, COMEX silver futures reached a historic high of $54.6 per ounce, while COMEX gold futures surged to $4227 per ounce [1] - The outage resulted in a significant loss of liquidity in the futures market, with OTC spreads widening as traders were unable to execute trades [2] Group 1 - The outage affected not only commodities but also forex, U.S. Treasury, and stock index futures, with CME's EBS platform also pausing trading [2] - Market analysts noted that the anticipated low interest rate environment was driving gold prices higher, with an 85% probability of a Fed rate cut in December according to CME's FedWatch tool [2] - The macroeconomic environment, including a weak dollar, has been supporting precious metal prices, enhancing the appeal of dollar-denominated assets like gold [2] Group 2 - CME Group's technical support team is working to resolve the issue and will notify clients about the trading resumption details as soon as possible [1] - The outage has created a situation where market participants can only engage in limited operations in the OTC market, increasing the risk of price volatility [2]

1. 能源与燃料：交易暂停影响了能源市场，冻结了包括WTI原油、Henry Hub天然气、RBOB汽油和NY Harbor ULSD取暖油等主要指标的期货和期权交易。 2. 软硬农产品：交易的暂停暂时中断了农产品市场 的价格发现和对冲，而这正是CME核心业务的重要组成部分。上市的合约包括但不限于——谷物及油 籽： 玉米、小麦、大豆、豆粕、豆油；软商品：棉花、木材；牲畜： 活牛、饲养牛、瘦肉猪；乳制 品：第三类牛奶和其他乳制品。 3. 金属产品：芝商所的金属业务涵盖贵金属（如金、银、铂金、钯金 等）和包括铜等在内的贱金属或黑色金属。 4. 股票指数：芝商所上市了与主要基准股指挂钩的股指期 货和期权，包括标准普尔500指数、纳斯达克100指数、道琼斯指数和罗素2000指数，以及日经225指数 等国际指数。 5. 利率、固定收益及外汇：芝商所利率产品涵盖美元收益率曲线，包括美国有担保隔夜 融资利率（SOFR）、联邦基金利率、美国国债收益率和其他短期利率的指标期货和期权。其外汇产品 则提供主要和新兴市场货币对的上市期货和期权，并通过EBS平台进行现金外汇交易，这是现货和其他 现金外汇产品的主要交易场所。 6. 加密货 ...

Core Viewpoint - The CME is experiencing an outage that has halted trading in stock index futures and other contracts due to a cooling issue at its data center, although services are gradually being restored [1][2] Group 1 - Trading in commodities and metals is reported to be functioning normally despite the outage affecting stock index futures [1] - The CME is actively monitoring the situation and will provide updates on the restoration of stock futures trading [2]

本文字数：1533，阅读时长大约3分钟 作者 | 第一财经 钱童心 2025.11. 28 11月28日，芝加哥商业交易所集团（CME，简称"芝商所"）官网发布多份通知表示，称因CyrusOne数据中心出现冷却 问题，CME的商品期货和期权交易暂停交易。 芝商所是全球金融交易的巨头平台。截至发稿，该平台交易尚未恢复。在一份声明中，芝商所表示："支持人员正努力在 短期内解决该问题，并将在开市前详细信息公布后立即向客户提供建议。" 公开信息显示，全球数据中心服务商CyrusOne总部位于美国得克萨斯州的达拉斯，在美国、欧洲和日本等地运营着超过 55个数据中心。 此次数据中心技术故障正值美国市场周四感恩节放假，预计周五开盘后交易量不大。 据介绍，CyrusOne的数据中心采用了先进的技术和设备，包括高效的冷却系统、先进的物理安全措施以及全球网络连 接，为客户提供数据存储和处理环境。 据此前中国数据中心工作组（CDCC）发布的一份《2023年数据中心可靠性报告》显示，冷却系统故障占数据中心设备故 障总数的23%，是仅次于电力系统的第二大故障源。更令人担忧的是，冷却系统故障导致的业务中断平均时长达到47分 钟，远超行业 ...