U.S. stock futures moved higher on Wednesday morning amid growing hopes of an interest rate cut in December. Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were up 0.29%, 0.17%, and 0.04%, respectively, at 7:54 a.m. EST on November 26. Markets will be closed on Thursday for Thanksgiving and will close early at 1 p.m. EST on Friday.
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During Tuesday’s regular trading session, all three major indexes closed higher for a second consecutive day in a holiday-shortened week. The Dow Jones climbed 1.43%, while the S&P 500 and the Nasdaq Composite rose 0.91% and 0.67%, respectively.
Meanwhile, tech giant Alphabet (GOOGL) was trending higher in Wednesday’s pre-market trading after gaining 1.53% yesterday amid reports that Meta Platforms (META) plans to spend billions on installing Google’s TPUs in its data centers beginning in 2027. Chip giant Nvidia (NVDA), which fell about 2.6% on this news yesterday, was down 0.35% as of writing.
Also, Dell Technologies (DELL) stock soared 5.3% as the PC maker issued solid guidance on AI-led demand. In contrast, Li Auto (LI) stock was down 2.7% in pre-market trading after the Chinese electric vehicle (EV) maker swung to a loss in Q3 2025 due to weak deliveries.
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