Pre-Market Report – Wednesday 27 November: US markets hit records | CPI and AGMs continue

Dow advanced 123.74 points, or 0.28%, to close at 44,860.31, reversing course after dropping more than 300 points at session lows. The S&P 500 added 0.57% to 6,021.63. Both the Dow and S&P 500 notched new intraday and closing records. The Nasdaq Composite jumped 0.63% to 19,174.30.Tariff talk dominated. Volumes below normal as Thanksgiving approaches.Minutes from Fed released - The central bank said it anticipates interest rate cuts in the future, but to only expect them “gradually.”ASX SPI up 38 - AGMs to continueCOMMODITIESOil settles down after Israel agrees to ceasefire deal with Lebanon.Gold steady as safe-haven demand faces mixed geopolitical signals.Copper slips as Trump releases details of China tariffs.Iron ore rangebound amid China rate cut hopes, Trump tariff plans.OPEC+ discusses further delay to oil output hike.Trump plans no exemption for oil imports under new tariff plan.TotalEnergies suspends Adani Green investment, awaiting clarity on bribery case, says CEO.Japan Prime Minister Ishiba calls on Biden to approve Nippon-US Steel deal, sources say.Four Barrick Gold employees arrested in Mali, miner says.Saudi Arabia agrees metals deals worth over $9bn.Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join the Marcus Today community.