Gerald Storch says it will be a very challenging holiday season on “Maria Bartiromo’s Wall Street.”
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.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 35027.75 | +80.47 | +0.23% |
| SP500 | S&P 500 | 4528.38 | +14.36 | +0.32% |
| I:COMP | NASDAQ COMPOSITE INDEX | 14216.934854 | +91.45 | +0.65% |
THANKSGIVING
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
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| NDAQ | NASDAQ INC. | 53.48 | -0.06 | -0.11% |
| ICE | INTERCONTINENTAL EXCHANGE INC. | 111.40 | -0.87 | -0.77% |
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.
THANKSGIVING WON’T BE CHEAPER DESPITE FOOD INFLATION EASING, ECONOMIST SAYS
This view shows the Macy’s Thanksgiving Day Parade in New York City. (Getty Images / Getty Images)
BLACK FRIDAY
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.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| WMT | WALMART INC. | 155.35 | -0.69 | -0.44% |
| TGT | TARGET CORP. | 129.89 | -0.05 | -0.04% |
| AMZN | AMAZON.COM INC. | 145.18 | +2.35 | +1.65% |
| M | MACY’S INC. | 14.38 | -0.07 | -0.45% |
Following Black Friday comes Small Business Saturday. It encourages holiday shoppers to patronize brick-and-mortar businesses that are small and local.
TOP BLACK FRIDAY DEALS RETAILERS HAVE ALREADY DROPPED
Following Black Friday comes Small Business Saturday. It encourages holiday shoppers to patronize brick-and-mortar businesses that are small and local. (Thomas Iannaccone / WWD / Penske Media / File / Getty Images)
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FOX Business’ Ken Martin contributed to this report.
