News Bulletin

Friday, November, 21st, 2025

Morning Edition

 

Economic Numbers:

Time

Event

Actual

Forecast

Previous

Friday, November, 21st, 2025

7:30

FOMC Member Williams Speaks 

 

 

 

8:30

Fed Vice Chair for Supervision Barr Speaks 

 

 

 

8:30

Real Earnings (MoM) (Sep)

 

 

-0.10%

8:45

Fed Governor Jefferson Speaks 

 

 

 

9:00

Fed Collins Speaks 

 

 

 

9:00

Fed Logan Speaks 

 

 

 

9:15

Capacity Utilization Rate (Sep)

 

77.30%

77.40%

9:15

Industrial Production (YoY) (Sep)

 

 

0.87%

9:15

Industrial Production (MoM) (Oct)

 

 

0.10%

9:45

S&P Global Manufacturing PMI (Nov) 

 

52.00

52.50

9:45

S&P Global Composite PMI (Nov) 

 

54.50

54.60

9:45

S&P Global Services PMI (Nov) 

 

54.6

54.8

10:00

Housing Starts (Sep)

 

1.320M

1.307M

10:00

Housing Starts (MoM) (Sep)

 

 

-8.50%

10:00

Michigan 1-Year Inflation Expectations (Nov)

 

4.70%

4.60%

10:00

Michigan 5-Year Inflation Expectations (Nov)

 

3.60%

3.90%

10:00

Michigan Consumer Expectations (Nov)

 

49

50.3

10:00

Michigan Consumer Sentiment (Nov)

 

50.3

53.6

10:00

Michigan Current Conditions (Nov)

 

52.3

58.6

10:00

Wholesale Inventories (MoM) (Aug)

 

-0.20%

0.00%

12:00

Atlanta Fed GDPNow (Q4) 

 

4.20%

4.20%

13:00

U.S. Baker Hughes Oil Rig Count

 

 

417.00

13:00

U.S. Baker Hughes Total Rig Count

 

 

549.00

15:30

CFTC Aluminium speculative net positions

 

 

0.4K

15:30

CFTC Copper speculative net positions

 

 

32.6K

15:30

CFTC Corn speculative net positions

 

 

-81.3K

15:30

CFTC Crude Oil speculative net positions

 

 

103.3K

15:30

CFTC Gold speculative net positions

 

 

252.9K

15:30

CFTC Nasdaq 100 speculative net positions

 

 

41.0K

15:30

CFTC Natural Gas speculative net positions

 

 

-125.2K

15:30

CFTC S&P 500 speculative net positions

 

 

-136.7K

15:30

CFTC Silver speculative net positions

 

 

49.7K

15:30

CFTC Soybeans speculative net positions

 

 

-8.3K

15:30

CFTC Wheat speculative net positions

 

 

-75.1K

 

Indices
 

 

CLOSE

50 DMA

200 DMA

DJIA

45,752.26

46,646.79

43,887.41

NASDAQ

22,078.05

22,878.75

20,231.52

S&P 500

6,538.76

6,711.04

                 6,160.15

 

Earnings Calendar:

(EPS: Earning Per Share / Rev: Revenue / Mkt Cap : market Capital/ BMO : Before Market Opening /AMC : After Market Close)

   COMPANY

EPS  Act

EPS Fore

Rev Act

Rev Fore

Mkt Cap

Time

BJs Wholesale Club (BJ)

--

1.1

--

  5.35B

11.94B

BMO

IES Holdings (IESC)

--

3.11

--

  843M

7.11B

BMO

Moog (MOGa)

--

2.22

--

  963.09M

6.34B

BMO

Moog B (MOGb)

--

2.22

--

  963.09M

6.34B

BMO

Macy’s Inc (M)

--

-0.1489

--

  4.52B

5.12B

BMO

Buckle (BKE)

--

0.9371

--

  317.97M

2.76B

BMO

NV Bekaert ADR (BEKAY)

--

  --

--

  --

2.04B

BMO

Azenta (AZTA)

--

0.1912

--

  156.46M

1.38B

BMO

Sunlands Tech (STG)

--

  --

--

  --

77.47M

BMO

Meituan (MPNGF)

--

0.2089

--

  13.9B

75.27B

 

Meituan ADR (MPNGY)

--

0.4178

--

  13.9B

75.27B

 

VinFast (VFS)

--

-0.2575

--

  805.92M

8.1B

 

Frontline (FRO)

0.19

0.27

432.65M

  266.48M

5.49B

 

Genting Berhad (GEBHY)

--

  --

--

  --

3.09B

 

Sabine Royalty Trust (SBR)

--

  --

--

  --

1.13B

 

Gaotu Techedu DRC (GOTU)

--

-0.89

--

  1.56B

589.45M

 

Inventiva (IVA)

--

-0.29

--

  10M

565.82M

 

ASOS plc PK (ASOMY)

--

  --

--

  --

368.88M

 

Genfit (GNFTY)

--

  --

--

  3.95M

212.19M

 

Guanajuato Silver Company (GSVRF)

--

  --

--

  23.7M

160.83M

 

Hemisphere Energy Corporation (HMENF)

--

0.0509

--

  15.47M

145.86M

 

Amtech (ASYS)

--

-0.055

--

  18.25M

101.06M

 

Latch (LTCH)

--

  --

--

  --

19.68M

 

Farfetch A (FTCHQ)

--

-0.3007

--

  739.13M

3.95M

 

Renovare Environmental (RENO)

--

  --

--

  --

3.52K

 

Miniso (MNSO)

2.48

2.33

5.8B

  5.63B

5.99B

AMC

 

Market News:

U.S. stock futures stabilized Friday after the week’s sharp losses, while bitcoin has slumped to a seven-month low. Attention is also on the Japanese stimulus package. as well as economic weakness in the U.K. ahead of next week’s budget.

 

U.S. futures steady after sharp losses

U.S. stock futures steadied Friday, stabilizing after the previous session’s sharp losses as investors grew more wary about the likelihood of an interest rate cut by the Federal Reserve next month.

 

 

The S&P 500 futures traded 4 points, or 0.1%, lower and Nasdaq 100 futures dropped 45 points, or 0.2%, while Dow futures rose 35 points, or 0.1%.

 

 

All three major U.S. stock indexes slumped Thursday, and are on track for a losing week, with the S&P 500 down 2.9% week to date, the Dow Jones Industrial Average almost 3% lower while the NASDAQ Composite has shed 3.6%.

 

 

The release of stronger-than-expected job growth for September, with the delayed jobs report, hit sentiment as traders further priced out the likelihood of a quarter-point rate cut next month.

 

 

This overturned the earlier confidence generated by strong third-quarter results and upbeat guidance from Nvidia (NASDAQ:NVDA), the most valuable company in the world and the poster child for the massive growth generated by artificial intelligence spending.

 

 

There are more economic data to digest Friday, in the form of the November manufacturing and services PMI releases, industrial production and housing starts, as well as the closely-followed Michigan consumer sentiment number.

 

 

In the corporate sector, Gap (NYSE:GAP) will be in the spotlight after the clothing retailer beat expectations for third-quarter comparable sales, helped by strong marketing-driven demand for its Old Navy and Banana Republic brand apparel even amid economic uncertainty.

 

 

Siemens Energy said on Thursday it plans to return as much as 10 billion euros to shareholders by 2028, supported by surging global demand for power-infrastructure equipment.

 

 

The Buckle, Inc. (NYSE:BKE) reported third quarter earnings that exceeded analyst expectations, with net income rising to $48.7 million, or $0.96 per diluted share, compared to $0.94 expected by analysts.

 

 

VinFast Auto Ltd. (NASDAQ:VFS) reported wider-than-expected losses in the third quarter, despite delivering record vehicle numbers and growing revenue significantly.

 

 

BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) reported third-quarter fiscal 2025 earnings that exceeded analyst expectations, driving shares up 3% premarket as the company raised its full-year profit outlook on the strength of growing membership income.

 

 

Azenta, Inc. (NASDAQ:AZTA) reported fourth-quarter results that exceeded analyst expectations, with improved margins and solid revenue growth.

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