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Hot Topic EARNINGS
Market Review
4 mins to read

Rate cutback on the menu as US markets close for Thanksgiving

Tech stocks support market’s best four-day run since May, as NY Fed boss raises prospect of further monetary easing.

The US markets were vacant on Thursday and half of Friday due to Thanksgiving.

Will Mace Sat, 29 Nov 2025

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The US stockmarket rallied heading into the long Thanksgiving weekend, thanks largely to growing expectations of a Federal Reserve rate cut on December 10.

The Nasdaq and New York Stock Exchange remained closed on

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Will Mace Sat, 29 Nov 2025
Contact the Writer: william@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Rate cutback on the menu as US markets close for Thanksgiving
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