This podcast is brought to you by CME Group, the world's leading derivatives marketplace,

offering the widest range of global benchmark products across all major asset classes.

CME Group, where risk meets opportunity.

Hey, listeners, it's Saturday, November 23rd.

I'm Francesca Pontana for the Wall Street Journal, and this is What's News and Markets,

our look at the biggest stock moves of the week and the news that drove them.

Let's get to it.

Traders are still digesting a second Trump administration and what that will mean for the market.

Like we talked about last week, we've been seeing more questions arising around Trump's future

policies that are putting some traders on edge.

Like, for instance, Trump's campaign promised to impose tariffs of 60% on all Chinese goods,

given that tariffs are widely regarded as inflationary, and this could affect the progress

we've seen on bringing down inflation. Meanwhile, some investors are also hoping that certain sectors will benefit from positive

business sentiment and looser regulations when Trump returns to the White House.

We also continue to see big moves from the winners and losers of earning season, more on those

stocks in a second, and their impact on the broader indexes, which have

been steadily setting new records this year. And looking at those indexes, this week they all ended

in the green. The Dow rose almost 2%, and on Friday notched its 44th record close of 2024.

Meanwhile, the S&P 500 and NASDAQ each added 1.7% in the week.

Speaking of earnings, winners and losers, let's take a look at Target and rival Walmart,

two retail giants that had very different quarters.

Target's report really missed the bull's eye, so to speak, with flat sales and shrinking profit.

...