Ge Long Hui·2025-11-26 20:29Market Performance - The Dow Jones Industrial Average rose by 1.43%, closing at 47,112.45 points, while the Nasdaq increased by 0.67% to 23,025.59 points, and the S&P 500 gained 0.91%, closing at 6,765.88 points [1] Economic Indicators - ADP employment data indicates a further weakening in the job market, which may pressure the Federal Reserve to consider interest rate cuts [1] - Two influential Federal Reserve members, Williams and Daly, expressed support for interest rate cuts [1] - Reports suggest that Hassett, a close advisor to Trump and current White House economic advisor, is a potential candidate for the next Federal Reserve Chair [1] Market Expectations - According to CME Group data, traders are betting on an 80% probability of a Federal Reserve rate cut in December [1] Technology Sector - META's investment of several billion dollars in purchasing Google's AI chips has contributed to a continued rebound in technology stocks [1] - However, Nvidia and AMD stocks experienced significant declines as a result of this news, indicating a need to monitor the impact on Nvidia [1] Chinese Stocks - The Nasdaq Golden Dragon China Index saw a slight increase of 0.35% [1] - Alibaba's U.S. stock faced profit-taking sell-offs, raising concerns about potential sell-offs in Hong Kong and the impact on other companies like Hengke [1]