Stock futures rise slightly as market enters holiday-shortened week

A trader during the Sweetgreen initial public offering in front of the New York Stock Exchange in New York, on Thursday, Nov. 18, 2021.Stock futures rose slightly in overnight trading on Sunday ahead of the holiday-shortened week, a historically seasonally strong period for Wall Street.

U.S. markets will be closed Thursday on Thanksgiving Day. The stock market closes early at 1 p.m. ET on Friday., which will potentially set the stage for a year-end Santa rally. One big market-moving event this week will be President Joe Biden's nomination for the next Federal Reserve chief. "I do think in the shortened week, that is probably going to be the biggest driver of market action," said Jeff Schulze, ClearBridge Investments investment strategist. "If Brainard is nominated as Fed chair, it wouldn't be a surprise to me to see some near-term volatility. Usually, the market tests a Fed chair."

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Here's what history says about stock-market performance during the Thanksgiving weekThe best returns have come on these two days during the Thanksgiving week, researchers at Bespoke Investment Group say.
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These are the six stocks to watch in the red-hot cybersecurity sectorOPINION: Global spending on information security and risk management services will top $150 billion, consulting firm Gartner estimates. Here are a few entrenched stalwarts and hungry upstarts to watch, columnist JeffReevesIP writes.
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Stocks end mostly lower, but tech gains push Nasdaq higherWall Street closed out a week of choppy trading with stocks mostly lower Friday, though gains for several tech companies pushed the Nasdaq composite to another record high and its first close over 16,000 points.
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