Wall Street rests for Thanksgiving and will open half session on Friday

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By TP

Wall Street remains closed this Thursday at Thanksgiving Day celebration in the United Statesso the activity will not return to the New York trading floor until Friday, although it will do so in a half-session format ('Black Friday'). Indices take a break near highs as both the Dow Jones and the S&P 500 renewed their respective all-time records throughout the week. Friday's session, although reduced, will serve to say goodbye to a month of purchases for US equities, which was boosted by Donald Trump's electoral victory. «US stock indices fell a bit yesterday. Investors chose to reduce their exposure to stocks ahead of today's Thanksgiving holiday. Yesterday was also the last full trading session before the end of the month, as US stocks They close early on Fridays. It has been a very positive month for equities. Investors rushed to buy shares, encouraged by Trump's election victory and a positive third quarter earnings season,» he says. David Morrisonsenior market analyst at FCA. Furthermore, he considers it «evident» that investors «believe that the new Trump administration will be particularly favorable for mid-cap companies focused on the domestic market, but possibly not so much for the mega-cap giants. «In fact, given some of Trump's appointments, along with previous statements, it is perhaps a little surprising that the 'Magnificent Six' (let's say Tesla aside for now) have held up as well as they have. ¿Could it be that the tech titans need to make a correction? Maybe«, he assures. Meanwhile, Friday's session seems calm for stocks, since the macroeconomic agenda does not have any notable references that could move the market, after investors yesterday discounted the PCE inflation spikethe favorite price measure of the Federal Reserve. In other markets, the West Texas oil has risen 0.23% ($68.88) and Brent has advanced 0.47% ($73.17). For its part, the euro has depreciated 0.07% ($1.0556), and the ounce of gold has gained 0.01% ($2,640). Furthermore, the 10-year American bond yield has relaxed to 4.261% and bitcoin has lost 1.82% ($95,096).