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Stock Market Roller Coaster: Latest Updates on Today’s Market Trends and Market News

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Stocks open slightly lower as major indexes saw a slight dip on Friday, while investors are anticipating a rate cut in the first half of 2024. Some stocks making headlines premarket include Elastic N.V., Walt Disney, and Alibaba. Paramount Global stock is also rising, following reports of a potential streaming bundle with Apple. Additionally, Pfizer shares fell after the pharmaceutical maker decided to stop developing an experimental weight loss drug. On the global front, China’s manufacturing sector unexpectedly expanded in November, while Japan’s November factory activity contracted and South Korea’s factory activity stopped contracting for the first time since June 2022. This is where the major average stand ahead of December, showing the performance of Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. Stocks making the biggest moves after the bell include Walt Disney, Ulta Beauty, and Samsara. Overall, the market is showing a mix of fluctuations, developments, and growth opportunities.

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