It’s Monday again! Trump’s tariff plans shook currencies and raised fears of a trade war but markets hit record highs, powered by holiday optimism and strong sentiment. With inflation easing and rate cuts on the table, big opportunities are emerging. Here’s how to thrive in the turbulence. Also, take a look at five stocks that the big wigs are salivating over.

Plus, check out today’s sponsor for the latest in biomedical research.

MARKET RECAP

Last Week: The S&P 500 climbed nearly 6% in November, led by tech and consumer discretionary. Bond yields fell as the 10-year Treasury hit 4.19%, while oil dipped below $69 and gold rose 0.7%. Overseas, Europe gained on easing inflation, while Asia was mixed.

On Our Radar: A slew of important economic reports will be released this week, starting with manufacturing and construction data. On the earnings front, cloud security firm Zscaler is one of the notable names releasing its financial results.

TOP STORY

Trump's Proposed Tariffs Target Mexico, Canada, US Automakers; Wall Street Shrugs Off Concerns, Soars To Record Highs

Trump’s tariff plans aim to pressure trade partners, rattling currencies and squeezing automakers, but markets remain unfazed, hitting record highs thanks to holiday optimism and resilient sentiment.

Here’s what’s behind the moves and how investors can navigate the uncertainty.

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RedHill Awarded Approx. $8 Million by New York Supreme Court in Verdict Against Kukbo

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FIVE ZINGERS

Friday Frenzy: Retailers rolled out the red carpet for shoppers with exclusive items and huge discounts for Black Friday. Take a look at the hottest trends of the traditional start to the holiday shopping season.

Culinary Showdown: Canadian Prime Minister Justin Trudeau recently sat down for a high-stakes dinner with President-elect Donald Trump. Here’s Trudeau’s main concern ahead of a potentially significant shift in policy.

Fun Sponge: While bullish investors have largely enjoyed robust returns, investment bank Morgan Stanley sounded the alarm. This is the reason why the financial giant isn’t unreservedly ecstatic about the coming new year.

Revolving Door: Finding employment is difficult enough for young workers. However, for many members of Gen Z, they’re getting fired almost as soon as they get hired. These are the pitfalls to avoid.

Sustaining Profits: Despite an incoming political paradigm shift, environmental stewardship remains a popular topic. JPMorgan Chase identified these enterprises as the most sustainable for 2025.

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5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.

On Friday, Benzinga Edge members received a list of five of these up-and-coming stocks. As a valued Ring the Bell reader, today you’re getting a sneak peek at one of them:

Simon Property Group: The large real estate investment trust saw increased interest from readers during the week. This trend could point to optimism ahead of the 2024 holiday shopping season, which is expected to see records set for Black Friday.

With Thanksgiving falling later than normal, there are only 27 days from the day before Thanksgiving to Christmas Day. While this means fewer shopping weekends for retailers and malls, it could see a boost in traffic during the four main shopping holidays.

Analysts have been raising their price targets on the stock ahead of the holiday shopping season. Stifel raised their price target from $164.50 to $175.50 and Scotiabank raised their price target from $169 to $185. Recent guidance from the company was ahead of analyst estimates for the full fiscal year according to data from Benzinga Pro.

To keep reading, and get the other four Whisper Index stocks, sign up for Benzinga Edge here.

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