Group 1: Market Updates - A data center issue has halted trading of futures and options on the Chicago Mercantile Exchange, affecting stock futures, foreign exchange, and commodities trading [1] - Broker Tech US, a CME unit, has restored its electronic trading service for treasuries, allowing accurate yield data to be available [2] Group 2: Regulatory Investigations - The Securities and Exchange Commission is investigating Jeffrey's relationship with bankrupt auto parts maker First Brands Group, focusing on whether investors were adequately informed about fund exposure to the failed business [3] Group 3: Company Developments - Alibaba has launched its new AI smart glasses in China, priced starting at approximately $270, aiming to penetrate the wireless market dominated by Meta [4] - Apple is challenging India's antitrust penalty law, which could impose a fine of up to $38 billion, related to allegations of monopolistic practices in the iPhone app market [5] - Disney's Zootopia 2 achieved over $81 million in global ticket sales on its opening day, with $39.5 million from domestic sales and a record $34 million in China for a Hollywood animated film [6]

Market Overview - U.S. stock futures showed slight gains, with the Dow Futures at 47,542, up 52 points or 0.11%, and S&P 500 Futures at 6,835, up 0.10% [1] - November was a challenging month for equities, with major indexes experiencing a pullback, particularly in megacap tech stocks, leading to a 2% drop in the Nasdaq [1] Federal Reserve Expectations - Market sentiment improved as traders increased expectations for a Federal Reserve rate cut in December, with futures pricing indicating over an 80% probability of a quarter-point cut [2] AI and Tech Stocks - Renewed optimism in AI stocks contributed positively to market sentiment, although trading momentum was paused due to the Thanksgiving break [3] - Tech stocks exhibited mixed performance, with notable movements in companies like NVIDIA, Cleanspark, and SanDisk, reflecting ongoing interest in the semiconductor and storage sectors [8] Trading Disruptions - A cooling system failure at CME Group's CyrusOne data centers caused a significant disruption, halting futures and options trading for several hours, impacting liquidity across multiple markets [3][5] Commodity Markets - Gold futures increased, hovering near $4,160 an ounce, benefiting from lower borrowing-cost expectations and a favorable outlook for a December rate cut [9] - Oil prices continued to decline, with Brent crude trading above $63 per barrel, marking the longest losing streak since May 2023, as traders remain cautious ahead of the OPEC+ meeting [10] Future Market Projections - Wall Street banks have begun releasing forecasts for the S&P 500 in 2026, with Deutsche Bank projecting a target of 8,000, while HSBC and JPMorgan expect a more moderate target of around 7,500 [12]