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Why stocks’ Thanksgiving-week performance is important to watch

News Room by News Room
November 23, 2023
Reading Time: 1 min read
0
Stocks shrug off downturn fears as number of companies citing ‘recession’ drops

While the U.S. trading week is shortened by the Thanksgiving holiday, it’s important to watch the stock market’s performance to see if the rally of the past month can be sustained through the year-end. 

Stocks have rallied in November so far, with the S&P 500 index SPX logging a 8.6% gain month-to-date, while it’s up 18.6% so far this year, according to FactSet data. 

“If…

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