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Japan announces $135 billion stimulus, NHK reports, to boost economy and support consumers​

  • Package aims to address rising prices, achieve a strong economy, and strengthen defense and diplomatic capabilities.
  • It would expand local government grants, as well as provide subsidies for electricity and gas bills.
Japan’s cabinet approved a stimulus package totaling 21.3 trillion yen ($135.5 billion) on Friday, as Prime Minister Sanae Takaichi seeks to boost the country’s slowing economy and offer support to inflation-hit consumers.

Public broadcaster NHK reported that the package was based on three pillars: addressing rising prices, achieving a strong economy, and strengthening defense and diplomatic capabilities, according to a Google translation. This stimulus package is the largest since the Covid-19 pandemic, according to local media.

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Bancosta Week 46

Fearnleys Week 47


 

Wall Street Breakfast Podcast: Brewing U.S. Relief With Brazil Beans​

Summary

  • President Trump lifts 40% tariffs on Brazilian beef, coffee, and other products to address rising U.S. food prices and improve trade relations.
  • Joby Aviation (JOBY) sues Archer Aviation (ACHR) for alleged corporate espionage, claiming theft of confidential partnership information by a former employee.
  • PepsiCo (PEP) launches Pepsi Prebiotic Cola, a low-sugar, gut-health-focused beverage, following its $1.95B acquisition of Poppi, targeting wellness trends.
  • The Gap (GAP) surges 6% premarket after Q3 results beat expectations, with comparable sales rising for the seventh straight quarter to a multi-year high.
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Dow closes about 500 points higher in big market rebound after steep sell-off this week​

The Dow Jones Industrial Average rebounded on Friday after New York Federal Reserve President John Williams suggested the central bank could cut interest rates yet again this year.

The blue-chip index gained 493.15 points, or 1.08%, to close at 46,245.41. The Nasdaq Composite advanced 0.88% to settle at 22,273.08, while the S&P 500 finished 0.98% higher at 6,602.99.

“I view monetary policy as being modestly restrictive, although somewhat less so than before our recent actions,” Williams said in remarks for a speech in Santiago, Chile. “Therefore, I still see room for a further adjustment in the near term to the target range for the federal funds rate to move the stance of policy closer to the range of neutral, thereby maintaining the balance between the achievement of our two goals.”

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S&P 500 futures tick higher as market attempts rebound on holiday-shortened week: Live updates​

Stock futures were mixed on Monday morning as the market seeks to rebound into the Thanksgiving holiday week after a slide that’s knocked the air out of this year’s AI bull run.

S&P 500 futures rose 0.3% and Nasdaq-100 futures increased 0.6%. Futures on the Dow Jones Industrial Average climbed 32 points, or 0.1%. The stock market is closed on Thursday for Thanksgiving Day, and it shuts down early at 1 p.m. ET on Friday.

Stocks are attempting to build on a strong rebound that started on Friday, after the head of the New York Federal Reserve left the door open to a December interest rate cut. Major averages have still stumbled sharply since the month began, pressured by a reconsideration of sky-high valuations across artificial intelligence-linked names that had powered much of 2025′s market gains.

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Dow rallies 700 points on increased hope for a December rate cut: Live updates​

The Dow Jones Industrial Average rose on Tuesday following a winning session, with traders evaluating expectations of a Federal Reserve interest rate cut and the state of the artificial intelligence trade.

The blue-chip index advanced 701 points, or 1.5%. The S&P 500 gained 1%, while the Nasdaq Composite climbed 0.7%. That marks a turnaround from the losses seen earlier in the day. At session lows, the S&P 500 was down about 0.7%, while the Dow and tech-heavy Nasdaq dropped more than 100 points, or 0.2%, and more than 1%, respectively.

Investors continue to watch for any news that can affect the Federal Reserve’s upcoming monetary policy decision. Markets are pricing in about an 83% chance of a quarter percentage point cut from the Fed in December, per the CME FedWatch tool.

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Stocks rise ahead of Thanksgiving holiday, building on strong gains for the week: Live updates​

Stocks rose on Wednesday, putting the major averages on pace for their fourth straight day of gains ahead of the Thanksgiving holiday.

The Dow Jones Industrial Average gained 388 points, or 0.8%. The S&P 500 climbed 0.9%, while the Nasdaq Composite increased 1%.

The broader market’s gains were bolstered by artificial intelligence player Oracle, which jumped more than 4% after Deutsche Bank reaffirmed its bullish stance on the name. Nvidia shares moved up more than 1%, recovering from a recent pullback, while fellow “Magnificent Seven” member Microsoft traded more than 2% higher.

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