US stocks open higher after Thanksgiving

Washington, Nov 28, 2025 (AFP)
Wall Street stocks opened slightly higher on Friday, the day after the Thanksgiving holiday and following a now-resolved outage on the Chicago Mercantile Exchange (CME).
Around 1530 GMT, the Dow Jones Industrial Average was up 0.48 percent, the tech-rich Nasdaq Composite index gained 0.30 percent, and the broad-based S&P 500 index climbed 0.29 percent.
The growth was set against "a quiet news backdrop following the Thanksgiving holiday," analysts at Briefing.com summarized in a note.
Friday's trading session on Wall Street will be three hours shorter than usual and trading is expected to be limited, Peter Cardillo of Spartan Capital Securities told AFP.
The outage at CME was due to a cooling problem in its data centers, but the problem has since been fixed.
"All CME Group markets are open and trading," the CME group said, though Cardillo cautioned that "there could be a bit of volatility" as a result.
The markets were helped by continuing hopes for another Federal Reserve interest-rate cut next month.
"Stocks have performed well during the holiday-shortened week, with the major averages all up over 2.5 percent week-to-date amid reinvigorated expectations for a December rate cut," according to Briefing.com.
A quarter-point rate cut "is largely expected," Cardillo noted.
Several US economic indicators released this week on the labor market and consumer spending reinforced investors' expectations of another monetary easing.
The two previous rate cuts have stemmed from heightened concerns about the employment market.

Sumber : AFP