Market Performance - The three major U.S. stock indices all rose, with the Dow Jones increasing by 289.30 points (0.61%) to 47,716.42, the Nasdaq up by 151.00 points (0.65%) to 23,365.69, and the S&P 500 gaining 36.48 points (0.54%) to 6,849.09 [2] - For the week, all three indices saw significant gains, with the Dow Jones up 3.18%, the S&P 500 rising 3.73%, and the Nasdaq increasing by 4.91% [2] Technology Sector - Intel's stock surged over 10%, marking its best single-day performance since September 18 [1][4] - Other major tech stocks also saw gains, including Facebook (up over 2%), Amazon (up over 1%), Microsoft (up over 1%), and Tesla (up 0.84%) [4] - The Philadelphia Semiconductor Index rose by 1.82%, with notable increases in stocks like Micron Technology (up over 2%) and ARM (up over 2%) [5][6] Commodities - WTI crude oil prices fell for the fourth consecutive month, closing at $58.55 per barrel, marking the longest monthly decline since March 2023 [8] - Silver and copper prices reached record highs, with silver rising 5.7% to $56.46 per ounce and copper climbing 2.5% to $11,210.50 per ton before settling up 2.2% [9]

Market Overview - On November 28, US stock markets closed early with all three major indices rising, driven by a rebound in technology stocks, particularly Intel, which surged over 10%, marking its best single-day performance since September 18 [2][4][9] - The three major indices saw significant weekly gains, with the Dow Jones increasing by 3.18%, the S&P 500 rising by 3.73%, and the Nasdaq gaining 4.91% [6] Index Performance - The Dow Jones Industrial Average rose by 289.30 points, or 0.61%, closing at 47,716.42 points; the Nasdaq increased by 151.00 points, or 0.65%, to 23,365.69 points; and the S&P 500 gained 36.48 points, or 0.54%, ending at 6,849.09 points [4][6] Sector Performance - Major technology stocks mostly rose, with Facebook up over 2%, Amazon increasing by more than 1%, and Microsoft rising over 1%. However, Nvidia saw a decline of over 1% [10] - The Philadelphia Semiconductor Index rose by 1.82%, with notable gains in semiconductor stocks such as Intel, which rose over 10%, and Micron Technology, which increased by over 2% [11][12] Commodity Market - WTI crude oil prices fell for the fourth consecutive month, closing at $58.55 per barrel, marking the longest monthly decline since March 2023 [14][15] - Metal prices surged significantly, with silver reaching a record high of $56.46 per ounce after a 5.7% increase, and copper hitting a record high of $11,210.50 per ton, although it later narrowed its gains [16]

Core Viewpoint - Intel's stock surged over 10% following reports that it may become a key advanced process foundry supplier for Apple's M-series processors, indicating a significant potential benefit for the chip giant [1][2] Group 1: Intel's Role and Prospects - Analyst Ming-Chi Kuo stated that Intel's chances of becoming Apple's advanced process supplier have significantly increased, with Apple having signed a non-disclosure agreement and obtained Intel's advanced process design kit (PDK) [1] - Apple is expected to begin using Intel for its lowest-end M-series processors by Q2 to Q3 of 2027, contingent on the timely release of PDK 1.0/1.1 [1][2] - Kuo noted that while Intel may struggle to compete with TSMC in advanced processes in the coming years, securing Apple's advanced process orders could mark the end of the most challenging period for Intel's foundry business [2] Group 2: Strategic Significance - The potential collaboration is strategically significant for both Apple and Intel; for Apple, it demonstrates strong support for the "American manufacturing" policy, while for Intel, winning Apple's advanced process orders would have implications beyond direct revenue and profit contributions [2] - The lowest-end M-series chips are primarily used in MacBook Air and iPad Pro, with an estimated total shipment of around 20 million units this year [2] - Looking ahead, Intel's 14A and more advanced processes are expected to attract more orders from Apple and other leading manufacturers, leading to a more positive long-term outlook for the company [2]

Market Performance - The three major U.S. stock indices experienced significant gains this week, with the Dow Jones up 3.18%, S&P 500 up 3.73%, and Nasdaq up 4.91% [1] - As of the close, the Dow rose by 289.30 points (0.61%) to 47716.42, Nasdaq increased by 151.00 points (0.65%) to 23365.69, and S&P 500 gained 36.48 points (0.54%) to 6849.09 [1] Commodity Prices - WTI crude oil for January delivery fell by 0.2% to $58.55 per barrel, while February Brent crude oil dropped by 0.8% to $62.38 per barrel [2] - Spot gold rose over 1.5% to $4220.31 [4] - International spot silver surged over 3% to break the $55 mark, with a year-to-date increase exceeding 90% [5] Cryptocurrency Market - Bitcoin decreased by 0.2% to $91140.36, while Ethereum increased by 0.89% to $3041.23 [3] Regulatory Developments - The UK tax authority announced new regulations requiring cryptocurrency exchanges to report complete user data starting January 1, 2026, to combat tax evasion [6] Company News - Tesla has launched a full self-driving (FSD) supervised driving project in Italy, France, and Germany, allowing the public to experience the FSD system in real traffic conditions [7] - Analyst Ming-Chi Kuo reported that Intel is expected to start shipping Apple's lowest-tier M processors using advanced 18AP process technology as early as Q2-Q3 2027, pending further development progress [8][9] Analyst Ratings - Morgan Stanley predicts strong performance for U.S. stocks next year, setting a target price of 7800 points for the end of 2026, citing an end to the economic recession and continued policy support and strong earnings [10]

Core Points - US stock market indices experienced a fifth consecutive day of gains, with the Nasdaq rising by 0.65%, the Dow Jones by 0.61%, and the S&P 500 by 0.54% [1] - The Nasdaq accumulated a weekly increase of 4.91%, the Dow Jones 3.18%, and the S&P 500 3.73% [1] Company Performance - Intel saw a significant increase, closing up over 10%, marking its largest single-day gain since September 18 [1] - Other technology stocks also performed well, with Meta rising over 2%, and AMD, Amazon, Netflix, and Microsoft each increasing by more than 1% [1] Chinese Stocks - The Nasdaq Golden Dragon China Index rose by 0.54%, with notable performances from Chinese companies [1] - Xpeng increased by 3.26%, while Tencent Music, WeRide, and Zai Lab saw gains of up to 2.56% [1] - Other companies such as JinkoSolar, Pony.ai, Atour, Miniso, JD.com, and Autohome had increases of up to 1.67%, while Bilibili, NIO, New Oriental, Daqo New Energy, Baidu, Century Internet, and NetEase rose by up to 0.82% [1]

Market Performance - The US stock market experienced a rally, with the Dow Jones increasing by 0.61% to 47,716.42 points, the S&P 500 rising by 0.54% to 6,849.09 points, and the Nasdaq Composite up by 0.65% to 23,365.69 points [1][2] - For the week, the Dow Jones gained 3.18%, the S&P 500 rose by 3.73%, and the Nasdaq increased by 4.91%. However, the Nasdaq is still down 1.51% for the month, while the Dow and S&P are up 0.32% and 0.13%, respectively [2] Economic Indicators - The market rebound was largely influenced by dovish signals from John Williams, President of the New York Federal Reserve, indicating potential for interest rate cuts in the near term [2][3] - The probability of a 25 basis point rate cut by the Federal Reserve in December is now estimated at 86.9% according to the CME FedWatch Tool [2] Investor Sentiment - Investor sentiment has shifted back to risk appetite, with 80% to 85% confidence that the Federal Reserve will cut rates soon [3] - Current economic data suggests a soft landing for the US economy, contributing to the stock market's rise before Thanksgiving [3] Technology Sector - Major tech stocks showed mixed performance, with Nvidia down 1.81%, while Apple, Microsoft, Amazon, and Meta saw gains of 0.47%, 1.34%, 1.77%, and 2.26%, respectively [4][5] - The Philadelphia Semiconductor Index rose by 1.82%, with Intel experiencing a significant increase of 10.19% [5] Chinese Stocks - The Nasdaq Golden Dragon China Index increased by 0.54%, with notable gains in stocks like Bawang Chaji up 6.09% and XPeng Motors up 3.26% [6] Company News - Intel is expected to start shipping Apple's lowest-tier M processors using advanced 18AP process technology as early as Q2-Q3 2027, following improved visibility in their supply relationship [7] - Airbus has called for immediate software fixes affecting approximately 6,000 A320 series aircraft due to potential data corruption risks from solar radiation [8] - A global shortage of memory chips is intensifying, with predictions of a 50% price increase by mid-2026 due to rising demand from AI infrastructure [9] - Nearly half of Americans plan to use AI tools for holiday shopping, with predictions of a 520% increase in retail website traffic driven by AI this season [10]

Market Performance Summary - U.S. stock markets experienced a strong finish on Black Friday, marking a fifth consecutive day of gains across major indexes, with the S&P 500 rising 0.5% to 6,849.09, the Dow Jones Industrial Average increasing 0.6% to 47,716.42, and the Nasdaq Composite climbing 0.7% to 23,365.69 [1][2] - For the week, the S&P 500 gained 3.7%, the Dow advanced 3.2%, the Nasdaq surged 4.9%, and the Russell 2000 added 5.5% [3] Monthly Performance Insights - November showed mixed results, with the S&P 500 and Dow extending their winning streaks to seven months, while the Nasdaq Composite experienced its first monthly decline since March, falling 1.5% [3] Market Drivers and Sentiment - Market optimism is driven by expectations of a Federal Reserve interest rate cut, with an 83% probability of a December cut being priced in by traders [4] - Recent economic data, including a decrease in initial jobless claims to a seven-month low of 216,000, supports the case for monetary easing [4] Notable Stock Movements - Intel (INTC) was the top performer in the S&P 500, surging 10.2% due to speculation about becoming a foundry supplier for Apple (AAPL) [6] - Nvidia (NVDA) shares declined by 1.8%, concluding November with a double-digit percentage loss, reflecting concerns about competitive threats and high valuations in the AI sector [6] - Eli Lilly (LLY) slipped 2.6% after reaching a historic $1 trillion market capitalization, driven by its weight-loss drugs [6] - Sandisk (SNDK) gained nearly 4% following its debut in the S&P 500, potentially increasing demand from index-tracking funds [6] Retail Sector Performance - Major retailers like Walmart (WMT), Target (TGT), and Amazon (AMZN) finished up approximately 1% to 2% on Black Friday, while Abercrombie & Fitch (ANF) rose 2.9% [7] Upcoming Market Events - Investors are expected to monitor key economic data releases, including Eurozone CPI data and unemployment figures, which will provide insights into the international economy [11] - Earnings announcements from companies like Globus Maritime (GLBS) and Meituan (HKG: 03690) are scheduled, which will offer insights into corporate performance [11]

Shares of U.S. chipmaker Intel were leading the S&P higher as stocks edged upward on a holiday-shortened Black Friday session expected to be light on trading volume and corporate news. https://t.co/MpPEFx0AZq ...

Market Overview - U.S. stock markets closed higher on November 28, 2025, with all three major indexes extending a multi-day rally, driven by hopes for future interest rate cuts and positive economic data [1][12] - The Dow Jones Industrial Average (DJIA) rose 0.6% to 47,427.12, the Nasdaq Composite (IXIC) increased by 0.7% to 23,214.69, and the S&P 500 (SPX) gained 0.5% to 6,812.61, marking the fifth consecutive session of increases for all three benchmarks [2] Weekly Performance - For the week, the Nasdaq surged 4.9%, the S&P 500 was up approximately 3.7%, and the Dow gained about 3.2% [3] - November was mixed; while the S&P 500 and Dow extended their winning streaks to seven months, the Nasdaq ended down 1.5%, attributed to reassessment of profitability timelines for major AI companies [3] Economic Data - Initial jobless claims decreased by 6,000 to 216,000, below the consensus estimate of 229,000, indicating a strong labor market [5] - Orders for durable goods rose by 0.5% in September, missing estimates, while non-defense capital goods orders increased by 0.9%, a key indicator for business spending [5] Upcoming Events - Market participants are monitoring the potential for another interest rate cut by the Federal Reserve next month, which is a significant driver of market optimism [4] - Kevin Hassett is a key contender for the next Fed Chairman, with an announcement expected from President Trump before Christmas, which could influence monetary policy expectations [4] Individual Stock Performance - Intel (INTC) surged 10.2%, leading the S&P 500, following speculation it could become a foundry supplier for Apple (AAPL) processors [7] - Eli Lilly (LLY) shares slipped 2.6%, giving back some recent gains despite a market cap exceeding $1 trillion due to sales of weight-loss drugs [8] - Nvidia (NVDA) shares slid 1.8% amid competitive concerns, while other tech stocks like Microsoft (MSFT) and Amazon (AMZN) saw gains of 1.3% and 1.8%, respectively [9] Sector Performance - Retailers performed well on Black Friday, with Walmart (WMT), Target (TGT), and Amazon (AMZN) finishing up roughly 1% to 2% [10] - Cryptocurrency-related stocks rose as Bitcoin moved above $90,000, with Marathon Digital Holdings (MARA), MicroStrategy (MSTR), and Coinbase Global (COIN) up by 7%, 5%, and 5%, respectively [11]

Core Insights - Intel's stock surged over 10% on Friday, becoming the best-performing stock in the S&P 500, driven by rumors of a potential deal with Apple for processor supply [1][6] - Analyst Ming-Chi Kuo indicated that the likelihood of Apple becoming a new customer for Intel has significantly improved, with potential shipments starting as early as 2027 [1][2] Group 1: Stock Performance - Intel shares have roughly doubled in value this year, attributed to recent high-profile deals, including a partnership with Nvidia [3][6] - Despite the increase, Intel's stock remains below historical highs, as the company continues to address investor concerns regarding a sustainable turnaround [3] Group 2: Market Implications - A deal with Apple could enhance confidence in Intel's ability to secure long-term commitments for its manufacturing business, which has faced ongoing challenges [2][7] - The partnership with Nvidia did not include commitments to Intel's foundry, raising questions about the future expansion of this relationship and Intel's ability to attract new customers [4]