Thanksgiving cheer comes a day early for U.S. markets

Thanksgiving in the US falls on Thursday, but for investors the feast may have started a day earlier. S&P 500, Dow Jones Industrial Average And nasdaq composite All of them registered a rise for the fourth consecutive day.

shares of OracleWhich rose nearly 4% after a one-day rally in September ended in a slow down in November. Deutsche Bank said its recent price decline “presents an attractive entry point for investors when looking at Oracle’s business as a whole.” Other technology and AI-related stocks, such as NVIDIA And MicrosoftRisen in sympathy.

“Thanksgiving week is typically a strong week in the market. Everyone is feeling good,” said Eric Ditton, chairman and managing director of The Wealth Alliance.

This happens after Thanksgiving, which may cause some disruption.

The futures market is now pricing in about an 85% chance that the US Federal Reserve will cut interest rates by a quarter percentage point in December. When expectations are too high – and not met – disappointment will be even more painful.

“If the Fed disappoints, you could have a selloff,” Ditton said — but he added, “I don’t think they will.”

Bank of America economist Aditya Bhave wrote that rates could go even lower in the future if White House National Economic Council Director Kevin Hassett takes over the role of Fed chairman when Jerome Powell leaves the seat.

Loose monetary policy provides more support for stocks – this notion appears to be behind optimistic targets for the S&P 500 by the end of 2026. So far, the numbers that have been released are up to 7,400 from Sam Stovall, chief investment strategist at CFRA, and up to 8,000 from JPMorgan.

Investors really have a lot to be thankful for in 2025 – and possibly next year too.

US stocks rose for the fourth consecutive day. Major indices closed with gains on Wednesday led by technology companies like Oracle and Nvidia. Asia-Pacific markets advanced on Thursday. from india nifty 50 And BSE Sensex reached record high.

Samsung will overtake Apple in smartphone shipments. The company will ship about 243 million iPhones this year, up from 235 million smartphones SAMSUNGCounterpoint Research wrote. This will happen for the first time in 14 years Apple Will overwhelm your opponent.

China’s industrial profits declined in October. According to the country’s National Bureau of Statistics, earnings fell 5.5% from a year earlier, the biggest decline since June. China’s exports came under pressure in October due to trade tensions with the US.

MIT says AI could replace 11.7% of the US workforce. This equates to $1.2 trillion in wages in finance, health care and professional services. The study released Wednesday by the university created simulations of 151 million American workers.

(Pro) Bitcoin may continue to weather headwinds. According to Compass Point, the cryptocurrency declined by more than 20% in November and is likely to continue falling throughout the rest of the year. This is why investment banks have this approach.