The Bank of Korea is up next. The BOK is expected to keep its key policy rate at 3.25% on Thursday to support the Korean won against a strong U.S. dollar, according to a Reuters poll of economists, who forecast at least three rate cuts next year.

Stocks shrug off a new Trump tariff threat as the president-elect vows sweeping levies on the biggest U.S. trading partners.

Stocks took a breather ahead of the Thanksgiving holiday as tariff threats and a mixed reading on the Fed's preferred inflation gauge clouded the picture for rate policy in the year ahead. Mega-cap tech stocks driving the bulk of the bull market's gains led equities lower,

US stock indices were mixed on Wednesday as investors assessed Personal Consumption Expenditure (PCE) inflation report. At 10:03 a.m. the Dow Jones Industrial Average rose 47.83 points, or 0.11%, to 44,