Latest stock market news videos & Morning Bell

Wall Street closed in the green on Friday, climbing to near record highs in a shorten session for Thanksgiving, with retail gains and as tech stocks recovered. However, global futures markets fluctuated on Friday following a CME outage, which is the world’s largest trading operator. This halted trading in stocks, bonds and commodities. The Dow Jones closed with a 0.6% gain, the S&P500 up 0.54% and the Nasdaq rebounded, closing 0.65% higher. 

European markets also ended the week in the green. All European markets closed just over 0.2% higher, and the STOXX600 advanced 0.25%. 

What to watch today:

• Following a strong end to the week across global markets, the SPI futures are suggesting our local market will rise 0.05% at the open this morning. 
• Keep watch of Metacash (ASX:MTS) share price movements today, with then wholesale distributor set to release its first half results for FY26. 
• In commodities, 
  • Crude oil is trading 1.35% higher at US$59.44 per barrel, however, has been pressured by oversupply concerns and posted a monthly loss. So, keep watch of ASX- listed energy producers. 
  • Gold is trading 1.4% higher at US$4,217.81 per ounce, reaching a fourth straight monthly gain markets priced a higher probability for a December Federal Reserve rate cut. 
  • And iron ore is trading steady at US$104.84. 
• And AUD$1.00 is currently buying US$0.65. 

Trading Ideas:

• Bell Potter maintains their buy rating on HUB24 (ASX:HUB) and have lowered their price target from $135 to $125. At HUB’s current share price of $104.38, this implies 19.8% share price growth in a year. 
• And Trading Central have identified a bullish signal in Ramelius Resources (ASX:RMS) indicating that the stock price may rise form the close of $3.66 to the range of $4.20 to $4.30 over 17 days, according to the standard principles of technical analysis.