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News Highlights: Top Global Markets News of the Day

11/27/2020 | 09:16am EST
Dow, S&P 500 on Track to End Week Near Record Highs 

Major technology-stock benchmarks are poised to breach fresh all-time highs Friday, with Nasdaq-100 futures pointing to extended rally.

Stock Market, Derivatives Are Sending Different Signals 

The Dow Jones Industrial Average has soared back near records, fueled by optimism about a coming coronavirus vaccine. A volatility index known as Wall Street's fear gauge however also remains elevated.

India's GDP Shrinks as Covid-19 Keeps Stranglehold on Economy 

The coronavirus pandemic has strangled one of the most powerful engines of economic growth in the world: spending by India's 1.3 billion consumers.

Covid-19 or Not, Here Vimeo Comes 

As business increasingly moves online, Vimeo should have investors tuning in, even once they are physically back at work.

Eurozone Businesses Lose Confidence as Fresh Lockdowns Bite 

Eurozone businesses were more pessimistic about their prospects in November, as a surge in coronavirus infections led governments to impose tougher restrictions on households and companies.

Mexican Central Banker Called for Lower Interest Rates to Aid Recovery 

Deputy Gov. Jonathan Heath voted to continue lowering interest rates earlier this month, when the central bank kept rates on hold.

China's Industrial Profit Accelerated in October 

China's industrial profit erased coronavirus-induced losses and posted growth in the first 10 months of the year, official data showed Friday, as the world's second-largest economy continued to recover.

The Dollar Is Weak. Investors Bet It Will Slide Even More. 

The U.S. dollar this week hit its lowest levels against a basket of currencies in more than two years. Investors and analysts think it has further to fall.

China Set to Slap Anti-Dumping Duties on Australian Wine 

China's commerce ministry said that it will impose temporary anti-dumping duties on imports of Australian wines after launching a probe in August.

U.S. Hospitalizations Top 90,000 for First Time 

The number of people hospitalized in the U.S. due to Covid-19 surpassed 90,000 for the first time, as the pandemic loomed over Thanksgiving Day celebrations.

(END) Dow Jones Newswires

11-27-20 0915ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.57% 30814.26 Delayed Quote.0.68%
NASDAQ 100 -0.73% 12803.932503 Delayed Quote.-0.65%
NASDAQ COMP. -0.87% 12998.502287 Delayed Quote.0.86%
S&P 500 -0.72% 3768.25 Delayed Quote.0.32%
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