- US equity futures and European stocks fluctuated as investors assessed prospects for less-aggressive central bank tightening and weighed China's latest move to stimulate its economy as COVID-19 infections rise.
- Prior to a shortened Thanksgiving weekend cash trading session on Wall Street, S&P 500 contracts edged higher. The Nasdaq 100's were stable.
- The Stoxx 600 index increased as well, keeping it on track for the longest winning streak in a year and the sixth week of gains in European energy stocks.
- After losing for three straight days, the dollar grew stronger. Treasury prices stabilised after a post-holiday rise in Asian trading.
- Following recent remarks from Federal Reserve officials that supported the case for a slower pace of interest-rate increases, US stocks are expected to end the short trading week higher. Fed minutes released on Wednesday revealed that officials came to the conclusion that the central bank should soon slow the rate of rate increases to reduce the risk of overtightening.
