MNI: UK NOVEMBER CONSTRUCTION PMI 55.2 (FCST: 53.5); OCT 54.3

MNI: EUROZONE NOVEMBER CONSTRUCTION PMI 42.7 OCT 43.0

MNI BRIEF: BOJ To Adjust Easy Policy Cautiously - Nakamura

MNI: PBOC Net Drains CNY153 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1879 Thurs; -1.82% Y/Y

MNI BRIEF: Fed's Daly Says No 'Urgency' To Lower Rates

MNI: FRANCE OCT INDUSTRIAL PRODUCTION -0.1% M/M, -0.6% Y/Y

MNI: GERMANY OCT FACTORY ORDERS -1.5% M/M

MNI: SWEDEN FLASH NOV CPIF +1.9% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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In stocks, the Dow Jones............>

US STOCKS CLOSE
US STOCKS CLOSE: In stocks, the Dow Jones Industrial Average, Nasdaq Composite
and S&P 500 posted new life-time highs of 21,790.13 6,460.841 and 2,484.04
respectively before succumbing to profit-taking, especially in tech stocks. Only
the DJIA managed to see a new life-time closing high, 21,796.55.
- The S&P 500 closed down 0.10% at 2,475.42. At Thursday's close, the index was
up 10.6% year-to-date.
- On the risk front, the CBOE's volatility index or VIX was closing around
10.31, in the middle of a 9.16 to 11.50 range.
- Wednesday's low of 8.84 was a new life-time intraday VIX low. The prior
life-time intraday low was 8.89, seen Dec. 27, 1993.
- The VIX posted a high of 16.30 on May 18 at the peak of risk aversion, not far
from the 16.28 high seen April 17 that was driven by North Korea concerns.
- It would take a close above the 200-day moving average, currently at 12.18, to
suggest risk appetite was waning. The VIX last closed above its 200-day moving
average in mid-May, but then only briefly.
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