The Club’s top 10 things to watch Friday, Nov. 27 1. Futures linked to the S & P 500 are up early Friday as Wall Street returns from the Thanksgiving holiday and looks to wrap up a shortened trading week. The stock market will close at 1 p.m. EST. Expect this to be a low-volume day, meaning investors shouldn’t read too much into the price action as we close out an atypically bad November . 2. The Chicago Mercantile Exchange (CME) suffered an outage early Friday morning, impacting trading in futures, foreign exchange, and options markets. Operations are slowly getting back to normal. “Due to a cooling issue at CyrusOne data centers, our markets are currently halted,” a CME spokesperson told CNBC in an emailed statement. 3. The holiday shopping season is officially upon us as Black Friday kicks off. It’ll be an important test for retailers and U.S. consumers as investors gauge demand for the remainder of the quarter. The Club’s retail names include TJX Companies , Nike , and Home Depot . 4. Shares of the largest U.S. retailers were up ahead of Friday’s open. Best Buy and Target advanced 0.4% and 0.3%, respectively. Walmart and Dillard’s were fractionally higher, too. 5. UBS increased its price target on Five Below to $204 from $184 ahead of the retailer’s earnings report next week. Analysts, who reiterated a buy rating on shares, cited “continued noise” around the consumer into the quarterly print. 6. India’s economy put up stronger-than-expected growth in the third quarter, growing 8.2%, an acceleration from the 7.8% growth realized in the second quarter. This is much higher than the 7.3% July-September GDP growth forecast in a Reuters poll. 7. Alibaba’s new AI-powered smart glasses went on sale Thursday. The Quark AI Glasses were first announced in July and come in two variants, priced as high as 3,799 Chinese yuan, or $536. This is the Chinese tech giant’s answer to Meta’s display glasses. The Facebook parent and Club holding unveiled the $799 Meta Ray-Ban Display glasses in September. 8. There’s been a rebound in corporate dealmaking this year, a trend the Wall Street Journal credited Wednesday to the Trump administration’s more lenient stance on antitrust rules. Bankers and lawyers told the media outlet that companies feel more emboldened to take a shot at deals that merge direct competitors. As a result, U.S. deal values so far in 2025 are up over 40% from the same period last year, according to LSEG data. More deals — such as initial public offerings or mergers and acquisitions — are good news for Club holding Goldman Sachs , which has a massive investment banking division. 9. Evercore ISI cut Deere’s price target to $458 from $487, and kept a hold rating on shares. Analysts say the near-term outlook for the stock looks murky after the manufacturer’s earnings report “didn’t deliver the positive turn in agricultural equipment fundamentals many were hoping for.” 10. CNBC’s Jen Elias’s latest on CNBC explains how Google parent Alphabet made an AI comeback with its Gemini 3 AI model and Ironwood chip, sending the stock on a tear recently and even hitting an all-time high on Tuesday. But market experts told CNBC that Alphabet’s lead remains “razor thin” in the competitive AI market. Sign up for my Top 10 Morning Thoughts on the Market email newsletter for free (See here for a full list of the stocks at Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
