Second-half goals from Noni Madueke and Gabriel Martinelli fired Arsenal to a 3-1 victory in Wednesday’s heavyweight Champions League clash with Bayern Munich.
Madueke, back after two months out with a knee injury, scored his first Gunners goal…
Today’s Key Market Moves
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Today’s Key Reads
It’s all about the Fed
AI-heavyweight Nvidia rebounded from a 2.6% drop in the prior session and declines in three of the past four, to rise more than 1% on Wednesday.
Keep this up and the S&P 500 could avoid breaking its impressive six-month winning streak.
This even as fresh data showed the job market is holding up just fine — which means the Fed has less reason to rush those rate cuts. Jobless claims actually fell to a seven-month low last week.
For now, the economy is pulling off a neat balancing act: not crashing, but just soft enough to give the Fed room to keep cutting rates.
Still, investors would do well to remember that Friday’s short trading session could spring a surprise. Thin crowds and low liquidity can make for wild swings in either direction. Don’t say we didn’t warn you.
What could move markets tomorrow?
(U.S. markets are closed on Thursday, November 27, for Thanksgiving Day)
Reporting by Saqib Iqbal Ahmed in New York, editing by Deepa Babington
Our Standards: The Thomson Reuters Trust Principles.
Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
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Watch On
There’s some spaceflight action on tap on Thanksgiving Day (Nov. 27), but you’ll have to get up pretty early to catch it.