U.S. stock futures are halted due to a cooling issue at a data center.

Stocks rallied again on Wednesday and the benchmark S&P 500 is on a four session win streak. Despite the rally, the three major indices are down slightly this month as we head into the final trading session of November.

With no economic data or earnings, investors will focus on retailers on Black Friday leading into the holiday shopping season.   

Snapshot (as of 7 AM ET)

• Oil (/CL) – Oil prices are higher near $59 a barrel but are down 3% this month on the back of a potential for a resolution of the Ukraine/Russia war.
• Gold (/GC) – Gold futures are near two-week highs at $4220 as expectations rise for a rate cut in December.
• Bitcoin (/BTC) – The Crypto Future is up 1% near 91,000 in premarket trading.
• VIX – The CBOE Volatility Index fell 7.4% on Wednesday and settled at 17.19 as stocks rallied.
• U.S. Dollar (/DX) – The dollar is higher to 99.7.

Biggest Premarket Movers (Mark % Change as of 7 AM ET)

1. Micron (MU): +3.09%
2. Coinbase (COIN): +2.51%
3. Western Digital (WDC): +1.94%

1. Oracle (ORCL): -1.93%
2. Kraft Heinz (KHC): -1.48%
3. Dupont de Nemours (DD): -0.51%

Economic Data

• 1:00 PM ET: Markets Close Early

Notable Earnings

• Premarket: None
• Postmarket: None
• Premarket Monday: None
• Postmarket Monday : CRDO, MDB

Upgrades/Downgrades

• CIBC upgrades Canadian National (CNI) to Outperform from Neutral
• Deutsche Bank downgrades AB InBev (BUD) to Hold from Buy

This material is intended for informational purposes only and should not be considered a personalized recommendation or investment advice. Investors should review investment strategies for their own particular situations before making any decisions.

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Data contained herein is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. All events and times listed are subject to change without notice.