Thanksgiving Week: A Bullish Pause in Global Markets
TL;DR Summary
U.S. stocks ended in positive territory before the Thanksgiving break, with Treasurys briefly falling to a two-month low. Sam Altman has returned as the CEO of OpenAI, while Binance experienced outflows of over $1 billion in the past 24 hours. Jack Ma has paused his plans to sell Alibaba shares after a significant drop in stock value. Markets are expected to have low trading volume during the Thanksgiving period, but some stocks may experience a post-holiday resurgence.
- CNBC Daily Open: A Thanksgiving lull CNBC
- Why Thanksgiving week is typically bullish for stocks Yahoo Finance
- Thanksgiving Closes U.S. Markets. Global Stocks Drift Higher. Barron's
- Is the U.S. stock market open on Thanksgiving and Black Friday? What investors need to know. MarketWatch
- Daily Markets: Investors Get Ready for Thanksgiving Holiday Nasdaq
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