Nasdaq ends down as investors eye Black Friday sales, China infections

11/26/2022 8:30:00 AM

The Nasdaq closed lower in a holiday-shortened trading session, as investors watched Black Friday sales and COVID in China.

The Dow closed up nearly half a percent, the S&P 500 ended basically flat and the Nasdaq shed about half a percent as investors closely watched Black Friday sales

The Nasdaq closed lower in a holiday-shortened trading session, as investors watched Black Friday sales and COVID in China.

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SPLRCD) rose slightly."It's such a low volume trading day as most people are at home that I never count Friday after Thanksgiving," said Ed Cofrancesco, chief executive officer of International Assets Advisory, in Orlando, Florida..Volume on U.Do you want to hit the slopes or relax by the fire? Extra Webb Space Telescope Spots Two of the Most Distant Galaxies Ever, Images Stun Scientists:"Stars Million Times Brighter Than Our Sun" "These observations just make your head explode.S.exchanges was 4.Proenza Schouler wool-blend melton & shearling coat.

54 billion shares, compared with the 11.Entertainment See "Roots" Star Leslie Uggams Now at 79 She plays a memorable role in the "Deadpool" movies.25 billion full-session average over the last 20 trading days.The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S.June 16, 2020., November 15, 2022.

REUTERS/Brendan McDermid Starting next week, investors will focus on retail sales, China's newest COVID outbreak and the Federal Reserve's next steps, Cofrancesco said.Wall street's main indexes have rallied strongly from their early October lows, with the S&P 500 up more than 15% on a boost from a better-than-expected earnings season and more recently on hopes of less aggressive interest rates hikes by the U.S.Federal Reserve.Analysts now see a 71.

1% chance that the Fed will increase its key benchmark rate by 50 basis points in December, with rates peaking in June 2023.The Dow Jones Industrial Average.

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