U.S. stocks will have a shortened trading day Friday after the market was closed Thursday for Thanksgiving. Equities fell entering the holiday, as some investors appeared to trim their stakes in major tech names. Still, both theare hovering shy of all-time highs. Wednesday offered some fresh clues about the policy path ahead for the Federal Reserve, as year-over-year inflation of 2.
Voters who backed President-elect Donald Trump appear to have a better outlook for the economy than those who supported Vice President Kamala Harris, which could influence how much each group spends. Shipping data in the two weeks after the election also indicate red-state shoppers may have been opening their wallets more after Trump's win.during the period, below expectations and the slowest in nearly two years.
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U.S. Stocks Rise Ahead of Shortened Thanksgiving WeekU.S. stock futures are surging Sunday night as Wall Street begins a shortened trading week for Thanksgiving. The major market averages are coming off a winning week, fueled by the post-election rally. Key Square Group founder Scott Bessent's appointment as Treasury Secretary is also boosting investor sentiment. However, concerns remain about the potential impact of President-elect Trump's protectionist trade policies.
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Five Undervalued Stocks Under $20 for Black Friday InvestmentIn the spirit of Black Friday, five compelling stocks trading under $20 are highlighted as exceptional value opportunities. Mobileye, a leader in ADAS and autonomous driving technologies, is well-positioned to dominate the self-driving revolution due to increasing demand and regulatory requirements.
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Black Friday trades: These retail stocks typically gain the most during the holiday seasonA subset of retail stocks outperform their peers and have historically posted sharp gains in December.
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