UBS: It is expected that the Federal Reserve will cut interest rates by 75 to 100 basis points for the rest of 2025

The Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $756.1 million on Friday.

Data: In the past 24 hours, total liquidations across the network reached $288 millions, with long positions liquidated for $163 millions and short positions for $125 millions.

President of the European Central Bank: Interest rates are at an appropriate level

U.S. stocks closed three hours early due to the Thanksgiving holiday, with the three major indexes collectively rising for the fifth consecutive trading day.