Asian Markets Rise, AI & Fed Rate Cuts in Focus

Asian markets, excluding Japan, are up today, led by Alibabas AI app demand, while Shanghai Composite falls. US markets will be closed for Thanksgiving, with focus on consumer spending. S&P 500, Dow, and Nasdaq gained last week, despite AI and Bitcoin price concerns. Feds New York president hints at potential rate cuts, boosting trader optimism. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.