Market Overview - The U.S. stock market is experiencing a decline, with the S&P 500 down 0.4% and the Dow Jones Industrial Average down 271 points or 0.6% as of 1:53 p.m. Eastern time, while the Nasdaq composite remains mostly unchanged [1] - Treasury yields have eased slightly after an initial drop, with the 10-year Treasury yield falling to 4.16% from 4.18% and the two-year Treasury yield easing to 3.48% from 3.51% [6] Economic Data - Recent mixed economic data has created uncertainty regarding future interest rate movements, with the U.S. unemployment rate reported at its worst level since 2021, but job additions exceeding economists' expectations [2][3] - A report indicated that revenue growth for U.S. retailers in October was stronger than anticipated, suggesting underlying economic strength [2] Inflation and Price Pressures - A report released indicated that average selling prices for businesses are rising sharply, with one of the fastest rates since mid-2022, while overall business activity growth has slowed to its weakest level since June [5] - Higher prices are being attributed to tariffs, affecting both manufacturing and services sectors, leading to broader affordability issues [6] Company-Specific Developments - Oracle's stock rose 2.4% and Broadcom's by 0.1%, despite previous sharp losses, as both companies reported stronger-than-expected quarterly profits [7] - CoreWeave, which provides access to AI chips, saw a decline of 4.9%, raising questions about the profitability of current AI technology investments [8] - Pfizer's stock fell 5.2% after providing a profit forecast for 2026 that was below analysts' expectations, although its revenue forecast for next year aligns closely with expectations [8] - Kraft Heinz's stock fell 0.1% following the announcement of Steve Cahillane as the new CEO, effective January 1, as the company prepares to split into two entities by the second half of 2026 [9] Global Market Trends - Stock markets in Europe and Asia experienced declines, with Japan's Nikkei 225 dropping 1.6% ahead of an anticipated interest rate hike by the Bank of Japan [10] - South Korea's Kospi fell 2.2%, while indexes in Hong Kong and Shanghai dropped by 1.5% and 1.1%, respectively [10]

>> GOOD MORNING, HAPPY WEDNESDAY. THESE ARE THE STORIES THAT SET YOUR AGENDA. THE DOLLAR EDGES HIGHER, TREASURIES TRIM RECENT GAINS.TWO RATE CUTS NEXT YEAR AND THE U.S. LABOR MARKET CONTINUING TO COOL. OIL REBOUND FROM ITS LOWEST LEVEL SINCE 2021 AFTER PRESIDENT TRUMP ORDERS A COMPLETE LOCATE OF SANCTIONED TANKERS GOING INTO AN OUT OF VENEZUELA. BLOOMBERG LEARNS THAT WARNER BROS.IS PREPARING TO REJECT PARAMOUNT'S HOSTILE BID AS THE U.S. PRESIDENTS SON-IN-LAW WITHDRAWS FROM THE TAKEOVER BATTLE. AFTER MIXED P ...

Inflation drops more than expected and OpenAI hires George Osborne -- get briefed ahead of your morning calls with The London Rush https://t.co/sBRKmQK6Sk ...

The pound headed for its biggest one-day drop in a month after UK inflation came in softer than expected https://t.co/9quR4hEfoN ...

South Africa’s annual inflation unexpectedly softened in November, boosting hopes for an interest-rate cut next month https://t.co/H9RlUFBmTc ...

Is this a fluke or is it enough to comfort the hawks on the Bank of England who are worried about inflation longer term. I don't think it's a fluke, but I also think that the hawks on the Bank of England will still be there fretting about some of the structural stories in the background. So I think, you know, in the middle is Governor Bailey, you know, he's the he's the key voter that's going to decide what they'll do in December is certainly enough for him because I think the weakness is fairly broad versu ...

Group 1 - Silver futures are currently trading above 15,353, with an opening price of 14,690 and a current price of 15,535, reflecting a 5.21% increase [1] - The U.S. non-farm payrolls increased by 64,000 in November, exceeding the market expectation of 50,000, while the unemployment rate rose to 4.6%, the highest since September 2021 [1] - The average hourly wage in the U.S. for November recorded a year-on-year increase of 3.5% and a month-on-month increase of 0.1%, both below expectations [1] Group 2 - The global silver market has experienced a structural shortage for the fifth consecutive year, with limited mining output and increasing demand from renewable energy and electronics sectors [1] - Expectations of loose global monetary policy and declining real yields have reduced the opportunity cost of holding non-yielding assets, attracting institutional investors seeking diversification and inflation hedging [1] - The silver market is currently characterized by high volatility, with the price expected to continue fluctuating within a range of 14,200 to 15,000 [3]

UK inflation slipped to its lowest level in eight months, a bigger than expected drop that clears the path to an interest-rate cut at the Bank of England https://t.co/u3HfdbdnUU ...

FTSE 100 Live: Pound Slips from October High Ahead of UK Inflation Data https://t.co/O6Yy3kCXm9 ...

Group 1 - European stocks are expected to open broadly flat as investors await central bank decisions, with the U.K.'s FTSE index slightly higher and Italy's FTSE MIB down 0.1% [1] - The European Central Bank (ECB) is anticipated to maintain interest rates at 2% while likely raising its euro zone growth forecasts, which were previously set at 1.2% for annual GDP growth [2] - The Bank of England (BOE) is expected to reduce interest rates by 25 basis points to 3.75% due to weak growth and rising unemployment concerns, with inflation data for November projected at 3.5% [3] Group 2 - U.S. stock futures declined after the S&P 500 experienced a third consecutive losing session, influenced by recent job data indicating a loss of 105,000 jobs in October but an addition of 64,000 jobs in November [4] - Asia-Pacific markets showed mixed results as investors analyzed Japan's trade data [4]