<div id="readability-page-1">Futures on the Dow Jones Industrial Average (DJIA) and S&amp;P 500 Index (SPX) are rebounding from yesterday's steep tech-related losses, after New York Fed President John Williams reignited hopes of a rate cut next month. Williams said he sees &#34;room for a further adjustment,&#34; with expectations of a quarter percentage point cut rising to more than 70% from yesterday's 39.1%, per the CME's FedWatch tool. The Nasdaq-100 Index (NDX) is also higher before the bell, as West Texas Intermediate (WTI) crude pulls back amid U.S. President Donald Trump's continued push for a peace deal between Ukraine and Russia. January-dated oil futures were last seen down 1.2% at $58.33. <ul> <li>Semiconductor favorite overdue for a short-term pop.</li> <li>Options strategies to profit off a highly volatile market.</li> <li>Plus, another chip stock in motion; Intuit shares surge; and a retailer's upbeat outlook.</li> </ul> <img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/november/ov/stockfuturesnov21.jpg/query-c2Z2cnNuPWU0ZWJmMDZfMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="717" height="236" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/november/ov/stockfuturesnov21.jpg/query-c2Z2cnNuPWU0ZWJmMDZfMA"/> <h2>5 Things You Need to Know Today</h2> <ol> <li>The Cboe Options Exchange saw more than 2.8 million call contracts and more than 1.6 million put contracts were exchanged on Thursday. The single-session equity put/call ratio fell to 0.59, while the 21-day moving average remained at 0.58.</li> <li>Chip name Intel Corp (NASDAQ:INTC) is 0.4% higher before the open, as traders digest allegations that a new hire from Taiwan Semiconductor Manufacturing (TSM) stole company data from the latter. Over the last 12 months, Intel stock has added 40%.</li> <li>Shares of tax service provider Intuit Inc (NASDAQ:INTU) are 4.2% higher before the bell, fresh off a fiscal first-quarter beat. The company also revealed plans to increase growth through AI products. The security is clinging to its year-to-date breakeven level as it struggles to break above a ceiling at $680. </li> <li>Ross Stores Inc (NASDAQ:ROST) stock is 3.1% higher in electronic trading, after the retailer raised its fiscal-year earnings outlook following sector peer Walmart's (WMT) strong quarter. ROST yesterday came within a chip-shot of its November record highs, and has added 15.4% over the last nine months.</li> <li>How Thanksgiving week is stacking up so far.</li> </ol> <img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/november/ov/buzz-1121.jpg/query-c2Z2cnNuPWRiNGRiZjA2XzI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1141" height="319" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2025/november/ov/buzz-1121.jpg/query-c2Z2cnNuPWRiNGRiZjA2XzI"/> <h2>Tech Takedown Extends to Asian Markets</h2> Asian markets mirrored the U.S. today, tumbling across the board, with tech giants weighing on each major index. Japan’s Nikkei shed 2.4%, with SoftBank giving back more than 10% after core inflation rose at its highest rate in four months. South Korea’s Kospi fared the worst, falling 3.8% as Samsung and SK Hynix gave a sharp pullback. Hong Kong’s Hang Seng lost 2.4%, with notable laggards Baidu and Tencent, while China’s Shanghai Composite declined nearly 2.5%. Over in Europe, bourses are still selling off as tech corrections worsen. Defense stocks are also in the red, with rumors of a peace deal for Ukraine – brokered by the U.S. and Russia – in focus. At last look, London’s FTSE 100 and German DAX are off by 0.1% and 0.4%, respectively, while the French CAC 40 is flat.</div>

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Dow futures rebound as New York Fed President John Williams suggests room for a rate cut, boosting expectations to over 70%. Tech stocks recover, while oil prices dip amid U.S. peace efforts between Ukraine and Russia. Intel and Intuit shares rise, with Intuit planning AI growth. Ross Stores raises earnings outlook. Asian markets fall due to tech losses, and European markets continue to sell off amid peace deal rumors.

- Futures for the Dow Jones Industrial Average and S&P 500 are recovering from previous losses, spurred by New York Fed President John Williams' comments on potential rate cuts.  
- The Nasdaq-100 Index is also up, while oil futures have decreased amid ongoing geopolitical tensions.  
- Asian markets are experiencing declines, particularly in tech stocks, with Japan's Nikkei and South Korea's Kospi seeing significant drops, reflecting broader market corrections.

Dow Futures Rebound as Fed Reignites Rate Cut Hopes