Stock market today: Dow, S&P 500, Nasdaq futures mixed, sparking hopes of rebound from November losses
BABABABA(US:BABA) Yahoo Finance·2025-11-23 23:47

Market Overview - US stock futures showed mixed results as the market approaches a shortened Thanksgiving trading week, with hopes for an interest-rate cut influencing sentiment [1] - The Dow Jones Industrial Average futures fell, while S&P 500 futures increased by 0.2% and Nasdaq 100 futures rose by 0.5% [1] Economic Indicators - Federal Reserve Bank of New York president John Williams indicated a potential rate cut in December, contributing to a positive outlook despite notable losses in major indexes during November [2] - The S&P 500 declined by 2% last week, bringing its month-to-date drop to approximately 3.5%, while the Nasdaq Composite fell by 2.7%, totaling over 6% down for November [2] Earnings Reports - The earnings season is concluding with a week of limited releases, featuring companies like Alibaba Holdings, Dell Technologies, and retailers such as Kohl's and Best Buy [4] Trade and Tariffs - The Supreme Court is expected to rule on the legality of President Trump's tariffs, with preparations underway for a potential adverse ruling by the Commerce Department and the Office of the US Trade Representative [5] Company Developments - Alibaba's Qwen AI app launched successfully, leading to a rise in its shares during premarket trading, reflecting positive investor sentiment [5]