U.S. stocks are heading into the Thanksgiving holiday week with some momentum, having registered gains on Friday and for the week, helped by better-than-expected earnings from the likes of Target and Macy’s.
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|I:COMP||NASDAQ COMPOSITE INDEX||14265.540421||+140.06||+0.99%|
Investors have three full days of stock trading this week, with normal hours from 9:30 a.m. to 4 p.m. ET for the NYSE, owned by Intercontinental Exchange and the Nasdaq MarketSite.
HOTTEST LAST MINUTE THANKSGIVING DEALS
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On Thursday, there will be no trading in stocks with U.S. equity markets closed. The U.S. Treasury markets will also be closed, so no trading in bonds.
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The following day, Black Friday, is the official kickoff for the shopping season, and U.S. stocks will be open on an abbreviated schedule from 9:30 a.m. to 1 p.m. ET. Retail stocks, including Walmart, Target, Amazon and Macy’s, could be active as data begins to trickle with regard to overall consumer spending up through Cyber Monday.
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Following Black Friday comes Small Business Saturday. It encourages holiday shoppers to patronize brick-and-mortar businesses that are small and local.
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FOX Business’ Ken Martin contributed to this report.
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