Financial Markets                      11/26 09:40

   

   NEW YORK (AP) -- U.S. stocks are rising as Wall Street looks to build on its 
recent winning streak.

   The S&P 500 rose 0.5% in early trading Wednesday. The Dow Jones Industrial 
Average gained 227 points, or 0.5%, and the Nasdaq added 0.7% as of 9:50 a.m. 
EST.

   Stocks have risen for three straight days as comments from Federal Reserve 
officials have given traders more confidence the central bank will again cut 
interest rates at its meeting in December. Traders are betting on a nearly 83% 
probability that the Fed will cut next month, according to data from CME Group.

   Dell Technologies rose 2.3% after saying it has received record orders for 
its artificial intelligence servers. Dell and other technology companies had 
fallen earlier in the month as investors worried the prices for their stocks 
had gotten too frothy amid the frenzy over AI. Nvidia, the market's most 
valuable company, rose 2.5%.

   Urban Outfitters joined a host of other retailers this week in reporting 
earnings that exceeded Wall Street forecasts, and its shares jumped 11.7%.

   On the downside, shares of Deere dropped nearly 4% after the farm equipment 
company issued a downbeat forecast, citing pressure from tariffs.

   U.S. markets will have a shortened trading week due to the Thanksgiving 
holiday, closing on Thursday and opening for shorter hours on Friday.

   In the bond market, the yield on the 10-year Treasury rose to 4.03% and the 
yield on the 2-year Treasury rose to 3.49%.

   In international markets, shares in Europe and Asia advanced. Germany's DAX 
gained 0.7% while the CAC 40 in Paris also rose 0.6%. In Asia, Tokyo's Nikkei 
225 rose 1.9% in a broad rally that encompassed major exporters and technology 
shares.

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