Markets muted in thin trade, hit by data centre glitch

The launch of ChatGPT three years ago marked a significant moment in the AI landscape, initially positioning the United States as a frontrunner. However, recent developments indicate a dramatic shift, with China advancing in open-source AI models while Europe is retracting its regulatory ambitions, leading to concerns about the quality of AI-generated content.

The Chicago Mercantile Exchange (CME) experienced a significant outage due to cooling issues at a data center, disrupting trading operations across multiple financial markets in Asia and Europe. Most trading operations have since been restored, concluding a challenging week for the exchange.

The Chicago Mercantile Exchange (CME) has successfully restored most of its trading operations after a significant outage caused by cooling issues at a data center. This disruption affected multiple financial markets across Asia and Europe, occurring during a holiday-shortened trading week in the US. Volume remained light due to the Thanksgiving holiday.

The S&P 500 index extended its rally for a fifth consecutive day following the resumption of operations at the Chicago Mercantile Exchange (CME) after a significant outage. This recovery comes amid sustained expectations for an interest-rate cut by the Federal Reserve in the upcoming month, reversing a previous monthly decline in stock values.

US natural gas futures experienced an increase as trading resumed on the Chicago Mercantile Exchange (CME) following a significant outage. The rise in futures coincides with wintry weather affecting parts of the Midwest and East, with forecasts predicting below-normal temperatures for the Northeast and Great Lakes in the coming weeks.

The Chicago Mercantile Exchange (CME) successfully restored trading operations after a significant technical outage that disrupted financial markets across Asia and Europe, concluding a holiday-shortened week in the US. The outage lasted several hours, impacting various trading activities before normal operations resumed.

U.S. markets were poised for a rise before a significant outage at the Chicago Mercantile Exchange (CME) disrupted futures trading, impacting various financial markets globally. The outage was attributed to cooling issues at a data center, which caused trading interruptions across Asia and Europe as well.

Shares in CME Group Inc. remained mostly steady following a technical glitch that caused a significant trading outage on the Chicago Mercantile Exchange before operations were largely restored. The incident highlighted vulnerabilities in trading systems that can impact market stability.