Stock Markets Surge, Bond Yields Drop
Update: 2025-11-28
Description
Todays stock market sees gains across major indexes, with the S&P five hundred, Dow Jones Industrials, and Nasdaq one hundred all reaching two-week highs. The positive movement is attributed to a dip in the ten-year Treasury note yield and optimism for a potential interest rate cut by the Federal Reserve. Energy producers also boost the market with a rise in crude oil prices. Despite a technical outage at the Chicago Mercantile Exchange, trading activity was subdued due to the Thanksgiving holiday. The Bureau of Labor Statistics canceled the October consumer price report, and the markets anticipate an eighty-three percent chance of a twenty-five basis point rate cut at the next Federal Open Market Committee meeting. The third-quarter corporate earnings season concludes with eighty-three percent of S&P companies exceeding forecasts.
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