Stocks opened mixed on a shortened day of trading on Black Friday. Near 9:35 a.m. ET, the S&P 500 was down less than 0.1%, the Dow was up 0.2%, and the Nasdaq was off by about 0.5%. The U.S. stock market will close at 1:00 p.m. ET on Friday; financial markets in the U.S. were closed on Thursday for Thanksgiving. Stocks finished with gains on Wednesday, the week’s final full trading session, after the minutes from the Fed’s latest meeting signaled a likely slowdown in the pace of rate hikes at… Source link
Read More »Stocks waver to start holiday-shortened week
U.S. stocks were mixed at Monday’s open as Wall Street barreled into a holiday-shortened trading week. Equity and bond markets will be closed for Thanksgiving on Thursday and end trading at 1 p.m. ET on Friday. The S&P 500 (^GSPC) sank 0.2%, while the Dow Jones Industrial Average (^DJI) added roughly 80 points, or 0.3%. The technology-heavy Nasdaq Composite (^IXIC) declined 0.4%. Shares of Disney (DIS) roared 9% to start the day after the media giant made a surprise announcement late Sunday… Source link
Read More »What to know this holiday-shortened week
A flurry of big bank earnings and fresh inflation data out of Washington are expected to keep investors busy this holiday-shortened trading week. Market participants will also tune in Wednesday for a key economic report on March retail sales activity. Despite a four-day trading session, with Wall Street closed for Good Friday, a pivotal week is underway for investors as mega-banks including JPMorgan Chase, (JPM), Goldman Sachs (GS), and Citigroup (C) get the ball rolling on Q1 earnings… Source link
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