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CNBC Daily Open: Thanksgiving cheer comes a day early for U.S. markets

  • Major U.S. indexes notched a fourth straight day of gains.
  • Apple’s smartphone shipments are projected to overtake Samsung’s this year.
  • China’s industrial profits dropped 5.5% from a year earlier, the biggest slide since June.
  • AI can replace 11.7% of U.S. workforce, according to an MIT study.
  • Bitcoin will likely continue its descent for the rest of the year, according to Compass Point.

Thanksgiving in the U.S. takes place on Thursday stateside, but the feasting might have begun a day early for investors. The S&P 500Dow Jones Industrial Average and Nasdaq Composite all recorded a fourth straight day of gains.

Source: https://www.cnbc.com/2025/11/27/cnbc-daily-open-thanksgiving-cheer-comes-a-day-early-for-us-markets.html