Stock market today: Nasdaq, S&P 500, Dow rise toward a 5th straight day of gains to cap a rocky month

^IXIC ^GSPC ^DJI

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  AI information centers' powerfulness request is driving up energy prices and crushing aluminum smelters

  AI information centers request aluminum for server racks, cooling units, and different important pieces of equipment. But the powerfulness demands of the information centers is driving up energy costs and crushing the aluminum industry.

  Yahoo Finance's Jake Conley reports:

  Read much here.

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  Alphabet outperforms 'Mag 7' and wide tech assemblage for November

  Alphabet (GOOG, GOOGL) has been the 'Mag 7' outlier this period arsenic the tech giant's banal has risen a whopping 13%.

  For the period of November, tech (XLK) has underperformed, but Alphabet has beaten each 1 of the 'Magnificent 7' stocks.

  Alphabet's Google Gemini AI merchandise and its artificial quality chips called TPU's person raised optimism that the Big Tech subordinate is simply a rising rival to ChatGPT shaper OpenAI, and adjacent chipmaker Nvidia (NVDA).

  The AI spot heavyweight is connected way to adjacent retired the period with losses of astir 12%, portion Meta (META) and Tesla (TSLA) are besides connected gait to adjacent retired with monthly losses.

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  Gold rises supra $4,200 connected hopes of Fed complaint cut

  Gold (GC=F) futures sat adjacent $4,200 per ounce connected Friday, connected gait to adjacent retired its 4th consecutive period of gains connected increasing expectations of a December complaint cut, paired with 'run-it-hot' authorities policies heading into 2026.

  Dovish commentary from Federal Reserve officials person raised the likelihood that argumentation makers volition determine to chopped involvement rates by astatine slightest 25 ground points adjacent month. Since golden doesn’t nutrient income, its comparative attractiveness improves erstwhile involvement rates fall.

  An easing US dollar (DX-Y. NYB) and expectations of continued fiscal spending whitethorn beryllium supporting bullion prices.

  "We person a tremendous deficit.. we besides person a tremendous magnitude of authorities spending and connected apical of that, we person a tremendous magnitude of cardinal slope buying," Michele Schneider, Marketgauge.com main strategist told Yahoo Finance connected Friday morning.

• US equity funds publication archetypal play outflow successful 6 weeks

  Reuters reports:

  Read much here.

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  Wall Street banks spot lipid prices falling

  Wall Street's biggest banks are expecting 2026 to spot lipid prices autumn arsenic a long-anticipated proviso glut afloat realizes. Yahoo Finance's Jake Conley reports:

  Read much here.

• Stock reactions to Q3 net person been much terrible than usual

  S&P 500 institution net successful the 3rd 4th person mostly been solid. And with astir each of the reports in, the 13.4% net maturation complaint truthful acold is apt to hold.

  Although astir (83%) of the net surprises person been to the upside, investors person been little enthusiastic astir net beats and much punishing astir net disappointments, arsenic indicated by the reactions successful idiosyncratic banal names.

  According to FactSet's John Butters, arsenic of Nov. 21, S&P 500 companies that person reported 3rd 4th net beats person seen their banal terms summation by an mean of 0.4% successful the four-day play astir their net release. This is little than the five-year mean summation of 0.9%.

  For companies that miss net estimates, the absorption has been disproportionately negative.

  Companies that study net beneath expectations person seen their banal alteration by 5% connected mean during the aforesaid play (two days earlier the net merchandise done 2 days after). This is good beneath the five-year mean alteration of 2.6%.

  Concerns astir an artificial quality bubble, slowing user spending, and Federal Reserve complaint cuts were successful flux passim the season. And sky-high expectations created a precocious barroom for immoderate idiosyncratic names, specified arsenic Nvidia (NVDA).

  Read retired unrecorded sum of firm earnings.

• Seasonal hiring offers small reprieve for labour marketplace woes

  Yahoo Finance's Emma Ockerman reports:

  Read much here.

• Stocks unfastened with a muted summation to adjacent retired vacation week

  US stocks opened with airy gains to adjacent the holiday-shortened week and period of November.

  The tech-heavy Nasdaq Composite (^IXIC) led stocks higher connected Black Friday, gaining astir 0.4% successful the archetypal minutes of trading. The generalist S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) some gained 0.2%.

  Nasdaq GIDS - Free Realtime Quote • USD

  23,291.25

  +76.56

  +(0.33%)

  As of 12:40:00 PM EST. Market Open.

  ^IXIC ^GSPC ^DJI

  Stocks made a beardown rebound this week arsenic traders piled into bets that the Federal Reserve volition chopped involvement rates astatine its gathering successful December, little than 2 weeks away, and renewed their religion successful the AI trade.

  Markets opened soon aft the CME Group restored operations aft a agelong outage disrupted unrecorded trading successful futures and options crossed respective markets worldwide, including US Treasurys and US crude oil.

  The banal marketplace volition adjacent aboriginal astatine 1 p.m. ET

• CME Group restarts trading aft outage caused markets to spell dark

  The CME Group said each its markets were backmost up and trading aft a information halfway cooling occupation led to a wide outage that lasted respective hours.

  Futures connected the Dow Jones Industrial Average (YM=F), S&P 500 (ES=F), and Nasdaq 100 (NQ=F) were dependable erstwhile trading resumed. Dow and S&P 500 futures roseate 0.1%, portion Nasdaq futures gained 0.3%.

  WTI crude lipid futures (CL=F) gained 0.3%; Brent futures (BZ=F) edged up by 0.1%.

  CME reopened its foreign-exchange level EBS astatine astir 7 a.m. ET, but trading for the remainder of its markets, including US Treasurys and crude futures, was affected until astir 8:30 a.m. ET. CME attributed the outage to a cooling strategy glitch astatine a information halfway adjacent Chicago.

• Wall Street's 2026 forecasts are rolling successful — and immoderate spot the S&P 500 hitting 8,000

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  Good morning. Here's what's happening today.

• CME partially restores operations with restart of FX platform

  The CME (CME) has started to gradually reconstruct operations aboriginal Friday aft halting trading of futures and options for respective hours, acknowledgment to a method glitch.

  Foreign-exchange level EBS opened for trading astatine astir 7 a.m. ET, according to a announcement connected the CME website. There was nary denotation of erstwhile different markets stalled by the outage could expect a restart.

  "BrokerTec US Actives and BrokerTec EU are present open. Due to a cooling contented astatine CyrusOne information centers, our different markets are presently halted," the announcement said.

  Markets successful the US and crossed the satellite were impacted by the CME futures shutdown, with US Treasurys and WTI crude futures among those impacted arsenic enslaved and commodities platforms went dark.

  A cooling contented astatine CyrusOne information centers was the basal of the stoppage, according to CME.

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  Premarket trending tickers: Oracle, Alphabet and Strategy

  Oracle (ORCL) banal fell much than 1% earlier the doorbell connected Friday. Morgan Stanley flagged recognition marketplace concerns for the tech banal connected Thursday, and things volition lone get worse successful 2026 unless Oracle tin reassure investors astir its AI spending spree.

  Alphabet (GOOG) banal roseate 1% successful premarket trading connected Friday. Attention has turned to the tech elephantine implicit caller days owed to its AI efforts and challenging Nvidia (NVDA)'s leadership, with its caller AI chips and Gemini 3 chatbot.

  Strategy (MSTR) banal roseate 2% earlier the bell. Strategy, which is the largest firm holder of bitcoin, has seen it's banal autumn 5% implicit the past 5 days owed to bitcoin's decline. Bitcoin has present moved backmost up supra $90,000.

• Gold edges toward 4th consecutive monthly triumph arsenic rate-cut hopes bloom

  Bloomberg reports:

  Gold (GC=F) edged higher, connected way for a 4th monthly gain, connected heightened expectations for different interest-rate chopped successful the US.

  The trading of futures and options connected the Chicago Mercantile Exchange stopped for respective hours owed to a information halfway fault, affecting liquidity successful precious metals markets and starring to choppy sessions with wider-than-usual bid-ask spreads.

  Bullion was adjacent $4,160 an ounce connected Friday, up much than 2% for the week. A bid of comments by Federal Reserve officials and the merchandise of delayed economical information person supported the lawsuit for little borrowing costs, which typically payment golden arsenic it doesn’t wage interest. Swap traders are pricing successful a more-than-80% accidental of a quarter-point chopped successful December.

  Read much here.

• Commodities trading halted arsenic information centre contented puts intermission connected CME futures

  Bloomberg reports:

  Read much here.

• Oil sees largest single-month driblet successful implicit 2 years

  Bloomberg reports:

  Read much here.