Market Overview: November 26, 2025 – Catalysts from Earnings & Unemployment

The post-Thanksgiving market landscape is anchored in the Seeking Alpha article’s findings: global unemployment at 4.9% (35-year low) and strong US earnings defying slowdown projections [1]. Over 60 days (Sep3–Nov25,2025), major indices gained: NASDAQ (+7.29%), S&P500 (+4.97%), Dow (+3.98%), Russell2000 (+4.83%) [0]. Sector performance shows healthcare leading (+1.45%) followed by Industrials (+1.24%), while Real Estate (-1.49%) lags [0]. FactSet confirms 82% of S&P500 companies beat Q3 EPS estimates (above 5-year avg of78%) with CY2025 growth projected at11.6% [4]. US unemployment ticked up to4.4% in September but remains near historic lows [3].

Cross-domain connections: low unemployment supports consumer spending, fueling earnings growth. AI investment drives tech stock gains (NVDA, TSLA, GOOGL) and corporate resilience [5,6]. The Fed’s 2025 easing resumption and expected 2026 cuts boosted market sentiment [1].

: Real estate underperformance (-1.49%) and tariff margin pressures [0,5]. : Q4 earnings growth (7.5% projected [4]), AI investment increase (32% expected in2026 [5]), and Fed rate cuts in2026 [1].

• Global unemployment:4.9% (35-year low) [1]
• S&P500 Q3 EPS beat rate:82% [4]
• 60-day index gains: NASDAQ (+7.29%), S&P500 (+4.97%) [0]
• Sector leaders: Healthcare (+1.45%), Industrials (+1.24%) [0]
• Sector laggards: Real Estate (-1.49%), Basic Materials (-0.64%) [0]
• Notable movers: TSLA (+6.82%), GOOGL (+6.28%), NVDA (+2.05%) [5]