Wall Street's forecast called for an increase in employment instead of a decline 

U.S. job numbers fell the hardest in nearly three years. What will the Fed decide?

U.S. stock futures fell, European trading opened in the negative, cryptocurrency prices collapsed: markets switched to risk avoidance mode in anticipation of a series of important macroeconomic publications in the U.S., which will be released this week, <a href="https://www.bloomberg.com/news/articles/2025-11-30/asia-set-for-cautious-open-ahead-of-busy-data-week-markets-wrap">explains </a>Bloomberg.

World markets started December with a decline. Investors are waiting for important economic data

Cryptocurrencies slumped sharply - bitcoin fell below $86k amid lack of inflows into ETFs, pressure from major holders and concerns over USDT. Silver, on the contrary, hit an all-time high thanks to tight supplies, strong demand from India and rising tech consumption. These and other topics are covered in our review of key events for the morning of December 1.

Highlights for the morning: Trump picks Fed chief, cryptocurrencies collapse, new silver record

Merck & Co., Inc.

Newmont Corporation

Western Digital Corporation

Barron's <a href="https://www.barrons.com/articles/western-digital-newmont-stocks-buy-ai-selloff-4c4aa127?mod=RTA">named</a> stocks that avoided a drawdown during the recent selloff amid investor excitement over overheated valuations of AI companies. The publication included securities that not only did not fall from October 28 to November 20, but also subsequently added at least 5%. The selection did not include companies with a price/earnings ratio above 20, which, for example, excluded Google's parent company Alphabet from the list.

From gold to medicine: seven stocks that avoided a selloff in November  


The probability of a Fed rate cut in December has risen to nearly 90% and fundamentals point to further weakening of the U.S. currency

The dollar is on its way to its worst week since July. What's weighing on the exchange rate?

Strategists of the American JPMorgan Private Bank, which serves wealthy clients, published their forecast for the U.S. stock market in 2026, <a href="https://www.bloomberg.com/news/articles/2025-11-26/jpmorgan-private-bank-s-bull-case-sees-s-p-500-up-20-by-2027">writes</a> Bloomberg. Here is what their review says:

Bank for millionaires in a pessimistic scenario awaits a 30% share collapse. The risk is in AI

Initial applications for unemployment benefits in the U.S. unexpectedly<a href="https://www.dol.gov/ui/data.pdf"> decreased</a> by 6 thousand - to 216 thousand - for the week ended November 22. This was the lowest value since mid-April,<a href="https://www.bloomberg.com/news/articles/2025-11-26/us-jobless-claims-decline-to-lowest-level-since-mid-april?srnd=homepage-europe"> notes</a> Bloomberg. The average forecast of economists surveyed by the publication, assumed 225 thousand applications.

US jobless claims are at their lowest since April. What will happen to the rate?

HP Inc.

Urban Outfitters, Inc.

Dell Technologies Inc.

Novo Nordisk A/S

NVIDIA Corporation

Alphabet Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: buyers are back in the majority

Robinhood Markets, Inc.

Hon Hai Precision Industry Co., Ltd.

Markets remain under the influence of expectations of the Fed rate cut and the possible appointment of Kevin Hassett as the new head of the regulator. This weakened the dollar and supported gold prices, with the precious metal again approaching $4165 per troy ounce. Foxconn is strengthening its presence in the U.S., having received approval to invest $569 million to expand its AI server production in Wisconsin. On these and other topics - in our review of key events for the morning of November 26.

Highlights for the morning: Fed expectations, a boom in predictive platforms and new AI investments in the US

Meta Platforms, Inc.

All three major U.S. market indices rose for the third day in a row as investors increasingly expect the Fed to cut rates in December. Market sentiment was also influenced by the news that Kevin Hassett, a supporter of low rates, became the favorite in the race to replace Jerome Powell as head of the Fed. Traders now estimate the probability of a 25 basis point rate cut at 85%.

U.S. stocks rise for a third day amid hopes of a Fed rate cut. Santa's rally to be?

Wholesale inflation in the U.S. accelerated in September due to higher energy and food prices, according to <a href="https://www.bls.gov/news.release/ppi.nr0.htm">the</a> Bureau of Labor Statistics, the producer price index (PPI) <a href="https://www.bls.gov/news.release/ppi.nr0.htm">rose</a> 0.3% for the month after a 0.1% decline in August, matching economists' expectations, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-11-25/us-producer-price-index-increases-0-3-led-by-higher-energy">reports</a>

Federal Reserve