Teen brands win over wary Black Friday shoppers while other deals disappoint

Silver prices have surged to a new record high, driven by persistent supply tightness and increasing expectations for an interest rate cut by the Federal Reserve in the United States this month. This rise reflects a significant demand for silver amid concerns over future supply constraints.

Australia's Treasury Wine has announced a potential impairment of its U.S. assets, leading to a significant drop in its share price, which has now reached a decade low. This development highlights ongoing challenges faced by the company in the U.S. market, raising concerns among investors about its financial health.

Asian stocks experienced fluctuations between gains and losses following modest increases in the US markets, as investors shifted their focus to upcoming economic data and an anticipated interest-rate cut by the Federal Reserve this month.

The upcoming holiday season in the US is expected to reflect a divide, with wealthier consumers likely to spend more while others face financial constraints. Average salaries have risen, and certain regions report high household incomes, suggesting a robust market for luxury goods.

Global bond investors are increasingly viewing select emerging markets as safer investment options compared to the United States, marking a significant shift in market dynamics. This trend is expected to influence the performance of bonds in these regions positively, as investors seek stability amid global uncertainties.

Airbus has announced a major recall affecting approximately 6,000 A320 jets due to a critical software vulnerability that could be compromised by intense solar radiation. This decision follows a recent incident involving a Jetblue aircraft that raised safety concerns regarding flight control data integrity.

US Black Friday online sales reached $8.6 billion, according to Adobe Analytics, marking a significant increase in digital spending during this key retail period. This surge reflects consumer enthusiasm for holiday shopping despite economic uncertainties.

A significant disruption occurred in worldwide markets due to a data-center issue in a Chicago suburb, which was first noted at 9:41 p.m. Eastern time on Thursday, coinciding with the Thanksgiving holiday in the U.S. This incident unfolded while Wall Street was largely inactive, raising concerns about market stability during a critical trading period.