Lutnick, Pomp SPAC Deals Are Put to the Test by Crypto Crash

A sustained appreciation of the yen is anticipated to positively impact the South Korean won, which has been the worst-performing currency in emerging Asia this quarter. The correlation between the yen and the won is at its highest in nearly two decades, suggesting that movements in the yen could influence the won's recovery.

Gold prices have stabilized after a nearly 1% increase in the previous session, driven by rising expectations of an interest rate cut by the Federal Reserve. This sentiment reflects a growing belief among traders that the Fed may reduce rates in December, influencing the demand for gold as a safe-haven asset.

US stocks saw a notable increase on November 26, 2025, led by technology shares, as positive investor sentiment continued to drive the market upward. This rally marks a continuation of gains observed over the previous days, reflecting optimism among analysts and investors alike.

Sara Nelson, president of the Association of Flight Attendants-CWA, has highlighted that flight crews are currently understaffed and many attendants are not compensated during the boarding process. She emphasized the importance of inclusivity in air travel during an interview with Katie Greifeld and Romaine Bostick on 'The Close'.

U.S. stocks rose, with technology shares leading the rally, as investors reacted positively to expectations of interest rate cuts. This upward trend marks a continuation of gains observed over the previous days, reflecting a strong investor sentiment during Bloomberg's market close coverage.

Osaka Gas is planning to increase its investments in US gas-fired power plants, driven by the rising demand for reliable energy due to the growth of artificial intelligence and data centers. This strategic move reflects the company's response to evolving market needs and technological advancements.

Angelo Zino, a senior equity analyst at CFRA Research, stated that AI valuations have recently corrected themselves, leading to increased investor comfort. This assessment was shared during an interview on Bloomberg Tech with Tim Stenovec.

Nancy Tengler, CEO and CIO of Laffer Tengler Investments, articulated her perspective on the current AI trade, asserting that it differs significantly from the dot-com bubble of the 1990s during an interview on Bloomberg Tech with Tim Stenovec. She emphasized the unique characteristics of the AI market that set it apart from past speculative bubbles.