Global Markets Rise, Tracking Wall Street Gains Ahead of Thanksgiving

International stock markets tracked Wall Street gains and U.S. stock futures pointed to a higher open ahead of the Thanksgiving holiday. The higher close in the prior session was broad-based, even as AI chip giant Nvidia’s shares fell amid potential competition in AI semiconductors from Google.

Also in investors’ focus, delayed U.S. economic data that again boosted expectations for a Federal Reserve rate cut next month.