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Dow Jones Top Markets Headlines at 7 PM ET: AI Trade Splinters as Google Challenges Nvidia's Dominance | U.S. ...

Dow Jones2025-11-26

AI Trade Splinters as Google Challenges Nvidia's Dominance

Dow industrials add more than 600 points, biggest gain since August.

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U.S. Negotiates Lower Prices for Ozempic and 14 Other Drugs

The price cuts will save Medicare billions of dollars in prescription-drug spending.

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Wholesale Price Gains Hint at Muted Rise in Fed's Preferred Inflation Gauge

Delayed September data will be the most recent official look at inflation available to the central bank at December meeting.

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Consumer Confidence Fades and Retail Sales Growth Cools

American consumers in September reined in spending on tariff-hit categories such as vehicles, electronics and clothing.

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Federal Deficit Hit a Record in October. Why the News Isn't So Bad.

Spending exceeded receipts even though the government was closed all of last month.

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The Fed Is Still Divided on Rate Cuts. This Could Sway the Central Bank.

The reports most likely change Fed officials' minds are the Beige Book and ongoing data around the number of Americans filing for initial unemployment benefits.

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U.S. Home Prices Slow Further Amid Affordability Concerns

The S&P Cotality Case-Shiller National Home Price Index, which measures home prices across the country, rose 1.3% in the 12 months through September. This represents the weakest performance since mid-2023.

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Why Google's Soaring Stock Is Defying Fears of an AI Bubble

A lot of value was unlocked when the company beat back the government's breakup efforts. Now, Google is making strides in the AI race while its core business offers it financial flexibility.

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Asset Managers Sued for Alleged Credit-Market Cartel

Telecommunications business Optimum, formerly Altice USA, alleges that lenders colluded to restrict access to credit markets through a private cooperation pact.

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German Economy Shows Signs of Revival

Policymakers and businesses are more focused on investment, borrowing and domestic demand, and less on finding foreign buyers for chemicals and cars.

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Investors Hedge Against Sterling Volatility Ahead of Budget

Uncertainty ahead of Wednesday's U.K. budget prompted traders to increase their protection against big swings in sterling in recent days.

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Parts of Europe at Risk of Downward 'Spiral' if Older Voters Stymie Reforms, EBRD Warns

Economies that escaped from Communism are at risk if older voters and political leaders prevent changes to offset aging populations.

 

(END) Dow Jones Newswires

November 25, 2025 19:00 ET (00:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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