Market Overview - The U.S. stock market experienced a quiet day on November 27, 2025, due to the Thanksgiving holiday, following a strong rally on November 26, where major indices gained for the fourth consecutive session, driven by optimism for a Federal Reserve interest rate cut in December [1][2] Major Index Performance - On November 26, the S&P 500 rose by 0.69% to close at 6,812.61 points, the Nasdaq Composite increased by 0.82% to finish at 23,214.69, and the Dow Jones Industrial Average climbed by 0.67% to settle at 47,427.12 [2] - The market is now anticipating an 85% probability of a 25-basis-point rate reduction at the Federal Reserve's December meeting, as indicated by the CME FedWatch tool [2] Key Market Indicators - The U.S. 10-Year Treasury yield fell below 4%, and the U.S. dollar declined against a basket of currencies, reflecting expectations for lower interest rates [3] Company Movements - Technology stocks were significant contributors to the market gains, with Nvidia and Dell Technologies reporting positive quarterly results, alleviating concerns about inflated tech valuations [4] - Microsoft saw a notable increase of 1.87%, while Boeing and Walmart also performed strongly. In contrast, Alphabet's shares dipped by 1% following a strong performance after the launch of its AI model, Gemini 3 [5] Upcoming Market Events - The Federal Open Market Committee (FOMC) meeting in December is highly anticipated, as it will announce the latest interest rate decision [6] - Key economic data releases are scheduled for early December, including the ISM Manufacturing report and the Job Openings and Labor Turnover Survey (JOLTS), which will provide insights into the U.S. economy [7] Earnings Announcements - Global companies, including MPC Container Ships ASA and Cafe de Coral Holdings Ltd., are expected to release earnings reports after the market close on November 27, 2025 [9] - Azad India Mobility reported a 240% increase in Profit After Tax and a 154% rise in revenue, driven by demand for electric mobility offerings, with its share price up 1.68% [10] Market Outlook - Following the Thanksgiving holiday, U.S. markets will resume trading on November 28, 2025, marking the unofficial start of the holiday shopping season. Consumer spending data and retail performance will be closely monitored as indicators of economic health [11]
Thanksgiving Pause: Markets Eye December Rate Cut After Wednesday’s Rally