STOCKS/ECONOMY
-Stock futures are flat after the Dow and the S&P 500 posted their best monthly gains of the year in November. Investors await some construction and manufacturing data due out later this morning.
-The yield on the 10-year Treasury bond is at 4.20 percent.
-Gold is at the $2,665 per ounce level. Bitcoin is down to the $95,300 level.
-Asian markets closed higher today. The Nikkei gained 0.8 percent, the Hang Seng rose 0.7 percent, and the Shenzhen rallied 1.4 percent higher.
OIL/ENERGY
-U.S. crude prices are higher, but still at the $68 a barrel level.
-Gasoline prices are down to $3.04 a gallon, national average.
CAR TROUBLE
-The CEO of Chrysler/Jeep parent Stellantis (STLA), Carlos Tavares, has resigned. This was mostly because of weak U.S. sales for the company. Stellantis shares are down 9 percent in the premarket and are down almost 50 percent for the year so far.
-Strikes are underway at Volkswagen plants across Germany as the company moves closer to major layoffs and other cutbacks.
DOLLAR DEFENSE
-President-elect Trump is warning the so-called "BRIC countries" not to abandon using the U.S. dollar as the dominant currency for foreign trade. The dollar is rising versus the other major currencies this morning.
MOVIE MAGIC
-The trifecta of "Moana 2," "Wicked," and "Gladiator II" helped boost U.S. box office receipts to a record $420 million this Thanksgiving weekend.
NOT SO SUPER MARKETS
-Whole Foods is experimenting with mini-grocery stores in dense urban areas. Whole Foods parent company Amazon (AMZN) shares are up 1 percent in the premarket, and are up more than 40 percent for the year.
Bitcoin got up to 98K over the weekend but now back down to 95K … it’s just a matter of time
Stock futures are flat investors wait and see
stelllantis chrysler jeep CEO to step down
Volkswagen strikes across the country
trump defends dollar with 100% tariff threat dollar is up
movie magic 420m haven’t broken 200m mark since 2019… no one believes this will save the cinema business.
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