US Black Friday online sales hit $8.6 billion, says Adobe Analytics

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.

U.S. Black Friday sales have shown resilience, with consumers spending significantly despite ongoing inflation and economic concerns, as evidenced by bustling shopping scenes outside major retailers like Macy's in Midtown Manhattan.

U.S. Black Friday online spending reached a record $11.8 billion, driven by increased consumer preference for digital shopping, as reported by Adobe. This marks a 9.1% increase from the previous year, showcasing the growing influence of e-commerce during the holiday shopping season.

U.S. ecommerce sales surged by 9.1% on Black Friday, reaching $11.8 billion according to Adobe, indicating a strong preference for online shopping amid ongoing economic uncertainties. However, the performance of physical stores remains uncertain, with mixed results reported.

On Black Friday, consumers increasingly opted for online shopping rather than traditional in-store experiences, reflecting a significant shift in retail behavior. U.S. online sales reached a record $11.8 billion, indicating a 9.1% increase from the previous year, as shoppers embraced digital platforms amid ongoing 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.