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A shopper in the seasonal aisle of a Target store on Black Friday in Chicago, Illinois, US, on Friday, Nov. 25, 2022. US retailers are bracing for a slower-than-normal Black Friday as high inflation and sagging consumer sentiment erode Americans demand for material goods. Photographer: Christopher Dilts/Bloomberg via Getty Images
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This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.
What you need to know today
Japan stocks retreatJapan’s Nikkei 225 and Topix fell Thursday as the yen weakened against the U.S. dollar. Australian stocks hit a fresh high, whille Hong Kong’s Hang Seng and mainland China’s CSI 300 also gained. Overnight, U.S. stocks rallied as the S&P 500 rose 0.86% to close at a record, while the Dowgained 1.22%. …
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