Traders: The Federal Reserve Will Cut Rates Before July, Still Expecting Three Rate Cuts This Year

The Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $756.1 million on Friday.

Data: In the past 24 hours, total liquidations across the network reached $288 millions, with long positions liquidated for $163 millions and short positions for $125 millions.

President of the European Central Bank: Interest rates are at an appropriate level

U.S. stocks closed three hours early due to the Thanksgiving holiday, with the three major indexes collectively rising for the fifth consecutive trading day.