Overnight Highlights Nov 27: U.S. Stocks Rise, Shooting Near White House, Tesla's Robotaxi to Remove Safety Drivers, JPMorgan Predicts Fed Rate Cut in December

Deep News
17 hours ago

Markets U.S. stocks closed higher ahead of Thanksgiving, with major indices poised for significant weekly gains.

Top 20 U.S. stocks by trading volume: Tesla Motors' Robotaxi will eliminate safety drivers.

Popular Chinese stocks were mixed, with TSMC up 1.86% and Bilibili down 2.83%.

Oil prices rose Wednesday as markets monitored oversupply and Russia-Ukraine peace talks.

Spot gold gained 0.80%, while COMEX gold futures rose 0.46%.

Major European indices closed broadly higher, with Germany’s DAX up 1%.

Macro Fed Beige Book shows little change in economic activity, with further declines in consumer spending.

Fed Beige Book notes increased risks of economic slowdown in coming months.

Georgia judge dismisses election interference charges against Trump.

U.S. Treasury announces alternative CPI index for October inflation-linked bonds.

Two National Guard members attacked near the White House.

White House locked down after two U.S. soldiers were shot nearby.

Trump calls for deploying additional troops to Washington following the shooting.

UK considers expanding short-term Treasury bill market to meet demand from stablecoin issuers.

UK Chancellor Reeves announces £26 billion tax hike after budget leak causes chaos.

U.S. seeks peace deal before providing security guarantees to Ukraine.

South Korea launches domestically developed rocket "Nuri."

Companies Cargill states no plans to shut U.S. beef processing plants.

Deutsche Bank and HSBC back Oracle, driving its stock surge.

Stellantis and CATL partner to build a factory in Spain.

Deere’s weak outlook highlights prolonged U.S. farm sector slump.

Campbell Soup executive suspended amid lawsuit and leaked recording scandal.

Commentary JPMorgan now expects Fed rate cut in December, reversing prior hold forecast.

Bitcoin futures show signs of inversion, potentially setting up a short squeeze.

HSBC projects S&P 500 could reach 7,500 by late 2026.

Gen Z reveals ideal retirement age but expects to work much longer.

ECB’s Müller: No rush to cut rates despite inflation slightly below target.

U.S. jobless claims reflect low hiring and layoff trends.

U.S. Treasuries mixed, flattening after 7-year auction; UK gilts rally.

Forex: Bloomberg Dollar Index falls for second day; pound strengthens on UK budget.

UK budget outperforms, doubling fiscal buffer to nearly £22 billion.

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