Stock Indexes Mostly Rise to Begin Holiday-Shortened Week; Nasdaq, S&P 500 Jump

US Foods, Performance Food Group Shares Move in Opposite Directions After They Call Off Merger Talks

5 minutes ago

US Foods Holdings and Performance Food Group called off their merger talks Monday. Investors are rewarding one of the stocks.

Shares of US Foods Holdings (USFD) surged 5.5% in early trading after the company and fellow food-distribution firm Performance Food Group (PFGC) “mutually agreed to terminate the previously announced information sharing process and will no longer pursue a potential business combination.”

However, shares of Performance Food Group (PFGC) slipped almost 3% after the companies called off a proposed merger.

“Our Board of Directors is unanimous in its belief that the clearest and best path to long-term stockholder values is executing our standalone strategic plan, leveraging our diverse business segments to drive consistent revenue and profit growth,” PFG CEO George Holm said. “The strength of our recently reported fiscal first quarter results and continued momentum supports the confidence in our ability to drive value for stockholders independently.”

PFG affirmed its recently issued fiscal 2026 second-quarter and full-year outlooks.

‘Sell America’ Is Over—Global Investors Are Sticking With US Treasurys

1 hr 25 min ago

If there were any lingering thoughts that foreign investors are dumping U.S. Treasury securities—and threatening to raise interest rates for American households—the latest data from the federal government put it to rest. 

New data from the Treasury Department showed continued appetite among foreign investors for U.S. securities, including the bonds that the Treasury issues to finance deficits. Net capital inflows were over $300 billion in August and September.

It’s the latest evidence that the fears of massive outflows from U.S. government bonds after President Donald Trump’s more-aggressive-than-expected tariff announcements in April haven’t panned out. 

“That ‘Sell America’ thing was a one-week trade back in April. Since then, it’s absolutely been ‘Buy America Back,’” wrote Benjamin Schroeder, senior rates strategist at the Dutch bank ING.

Read the full article here.

–Polo Rocha

JPMorgan Has 15 Ideas for ‘Bargain Hunting’ Tech Stock Investors

2 hr 5 min ago

Is it time to start buying tech stocks again?

JPMorgan says so, with analysts telling clients in a note Thursday—a day after Nvidia’s (NVDA) blockbuster earnings hit markets—that it could be time to go “bargain hunting” among the shares of hardware and networking companies that have taken big hits in recent weeks amid worries about an AI bubble.

The analysts listed 15 stocks particularly exposed to AI that they believe represent the biggest bargains, with the most “overblown” risk already priced in, and strong fundamentals that could leave them poised for big gains.

Most of the stocks JPMorgan recommends have declined between around 10% to 30% from their highs of the last four weeks, with one down nearly 40%, and one off just about 5%. 

Read the full article here.

–Kara Greenberg

Is the Stock Market Open for Thanksgiving and Black Friday?

2 hr 32 min ago

Traders get a break this week after a busy stretch in markets.

U.S. stock and bond markets are closed Thursday, Nov. 27, for Thanksgiving Day. Trading picks up again Friday—or Black Friday, if you prefer—but the days are shortened: The stock market closes at 1 p.m., while the bond market is set to close at 2 p.m.

The next trading breaks come around the Christmas and New Year’s holidays.

The stock market will close at 1 p.m., and the bond market at 2 p.m. on Wednesday, Dec. 24, for Christmas Eve, and remain closed through the holiday on Dec. 25.

Both markets are closed on Jan. 1, 2026, for New Year’s Day. Stock traders have a full day on New Year’s Eve, but bond trading ends at 2 p.m. on Wednesday, Dec. 31.

–David Marino-Nachison

Stock Futures Rise to Begin Holiday-Shortened Week

2 hr 56 min ago

Futures contracts tied to the Dow Jones Industrial Average were fractionally higher.

S&P 500 futures were up 0.3%.

Nasdaq 100 futures pointed 0.6% higher.