CNBC Daily Open: Is record Black Friday sales spike a false dawn?
Publishing timestamp: 2023-11-28 02:30:01
Summary
The article discusses mixed moves in the Asia-Pacific markets, the confidential filing of Shein for an IPO, the boom in short-dated options, the settlement of Binance with the U.S. Department of Justice, the potential volatility in the Indian market due to upcoming elections, and the record-breaking online spending during the post-Thanksgiving shopping season. It also raises questions about the impact of the Federal Reserve's rate hikes and the use of buy-now-pay-later services by consumers.
Sentiment: MIXED
Keywords: markets, environment, united states, world markets, economic events, nasdaq composite, dow jones industrial average, s&p 500 index, business news, united arab emirates,
Source: https://www.cnbc.com/2023/11/28/cnbc-daily-open-is-record-black-friday-sales-spike-a-false-dawn.html