Benzingaยท2025-11-25 05:41Market Sentiment - The CNN Money Fear and Greed index showed some easing in the overall fear level, currently at 13.9, remaining in the "Extreme Fear" zone compared to a prior reading of 12.1 [6][7] - Traders now assign an 80.9% chance to a 25-basis-point cut at the Dec. 10 Federal Reserve meeting, up from 71% on Friday and just 25% one week ago [2] Stock Performance - U.S. stocks settled higher, with the Nasdaq Composite surging around 600 points during the session, driven by dovish signals from New York Fed officials [1] - Within the Magnificent Seven, Alphabet Inc. gained 6.3%, pushing its market capitalization above Microsoft Corp., making it the world's third-largest publicly traded company [2] - Tesla Inc. soared almost 7% after CEO Elon Musk announced plans to design and deploy "several million AI chips" across its vehicle fleet and data centers [3] Sector Performance - Most sectors on the S&P 500 closed positively, with communication services, information technology, and consumer discretionary stocks recording the biggest gains, while consumer staples and energy stocks closed lower [4] - The Dow Jones closed higher by around 203 points to 46,448.27, the S&P 500 gained 1.55% to 6,705.12, and the Nasdaq Composite gained 2.69% to 22,872.01 during Friday's session [4] Upcoming Earnings - Investors are awaiting earnings results from HP Inc., J M Smucker Co., and Alibaba Group Holding Ltd. today [5]