# Wall Street Takes a Holiday Breather as Economic Signals Remain Mixed
In today's episode, we explore the market landscape during Thanksgiving's trading pause. The Fed's latest Beige Book reveals an economy in holding pattern—activity largely unchanged with softening employment and easing inflation pressures. Meanwhile, Wall Street's pre-holiday momentum continues to ripple through global markets, with the S&P 500 and Nasdaq posting their fourth consecutive day of gains.
Tech stocks are leading the charge, with Oracle surging 4% alongside advances from Nvidia and Microsoft, helping fuel the strongest weekly rebound since June. Markets are increasingly confident about a December rate cut, with futures now pricing an 80% chance of a quarter-point reduction.
As traders enjoy their turkey, the economic conversation continues—setting up what promises to be a pivotal December for markets and monetary policy.
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This content was created in partnership and with the help of Artificial Intelligence AI