Investors expected the Fed to cut interest rates next week, which could be a tailwind for consumers. Black Friday weekend saw high consumer participation despite elevated promotions, according to Telsey analysts. Promotions helped counter tariff-driven price hikes, but consumers also spent on new products, not just sales.
Shopify declined after the ecommerce platform said some of its merchants were having trouble accessing their point-of-sale systems.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
12-01-25 1659ET
