Cotton was lower, but rallied late in the week on reports of increased commercial buying and of speculators covering short positions.

The tech sector rebound is extending into the holiday-shortened week.

With limited fresh data this week, updated payroll and CPI figures show real nonsupervisory earnings hitting a new high—typically a positive signal. Still, weak job growth across sectors and data gaps leave recession risks unresolved.

According to its press release, the multinational is spending a whopping $4.75 billion on Intersect, locking in reliable clean energy to fuel its rapid data centre build-out.