Here are the most important news investors need to start their trading day:
1. Turkish Trade
U.S. stocks entered a shortened trading week on the back of gains. this Dow Jones Industrial Average It rose about 2% last week and closed at a record high on Friday. this S&P 500 Index and Nasdaq Index Both were up about 1.7%. Markets were closed Thursday and ended trading early for the Thanksgiving holiday on Friday. Investors will be watching for signs of strong holiday spending during Black Friday, as well as some retail gains early in the week. Follow live market updates here.
2. Holiday Tips
Retail will dominate earnings trading on Tuesday. company likes best buy, Abercrombie & Fitch and dick’s sporting goods Preliminary data on consumer spending in the all-important fourth quarter will be provided. at the same time, macy’s department storeScheduled to report on Tuesday, Postponement of financial report release But it said third-quarter sales fell about 2% due to accounting issues. Here are the key reports for the week ahead:
3.Cabinet selection
4. Brewing repairs
Starbucks There is a problem at the airport. Chief Executive Brian Niccol, trying to reverse several quarters of declining sales, said authorized locations such as airports and Target stores could “streamline some of the execution.” Handle long queues. The company’s ability to improve location efficiency will be tested during the busy Thanksgiving travel week.
5. See green
It’s very popular. “Wicked” has an estimated box office of $114 million Opening weekend grosses were $164.2 million, according to Sunday estimates. After years of trying to lure audiences to the musical, this is the best-ever debut for a Broadway adaptation. Meanwhile, “Gladiator II” opened to $55.5 million domestically and is expected to reach $221 million worldwide by the end of the weekend after opening in some non-U.S. markets earlier this month.
Revealed: Comcast is the parent company of NBCUniversal and CNBC. NBCUniversal is the distributor of “Wicked.”
– CNBC’s Hakyung Kim, Jeff Cox, Sam Meredith, Ece Yildirim, Leslie Josephs, Amelia Lucas and Sarah Whitten contributed to this report.
