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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