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A look at the early winners and losers from the heavily discounted Thanksgiving Day and Black Friday weekend.
The Nasdaq got a boost from the technology sector, with Apple up 1.9 percent at $556.07, Microsoft Corp up 1.4 percent at $38.13 and Amazon Inc up 1.8 percent at $393.62. We wouldn't be shocked at all to see the small and mid-cap names lag a little bit, "said Ryan Detrick, senior technical strategist with Schaeffer's Investment Research, in Cincinnati.
Sales that began Thursday continued through Friday. Many people complained about the early start, but still they went out shopping anyway.
*Markets closing at 1 p.m.; volume expected to be light. NEW YORK, Nov 29- U.S. stocks rose modestly on Friday, with investors wary of making big bets in a short post-holiday session, though the S&P 500 is set for its longest weekly winning streak in 10 years.
*Markets closing at 1 p.m., trading expected to be light. NEW YORK, Nov 29- U.S. stocks edged higher at the open on Friday, with investors reluctant to make big bets in an abbreviated session, though major indexes remained on track for their third straight month of strong gains.
Companies are making headlines ahead the bell Friday:
In the search for answers this shopping season, consumer behavior online is being tracked aggressively with help from technology.
Some retailers didn’t wait for the predawn hours of Black Friday this year. They were open before breakfast on Thanksgiving Day, and customers were waiting. The NYT reports.
Kmart, Old Navy and Lord& Taylor were some of the stores that opened their doors on Thursday morning, as each company did last year. Macy's Inc and a slew of other stores are opening later on Thanksgiving for the first time ever in a bare-knuckle brawl for a bigger slice of holiday sales.
Nov 28- Macy's Inc and a slew of other U.S. retailers are opening on Thanksgiving for the first time ever in a bare-knuckled brawl for a bigger slice of overall holiday sales.
The deals are aplenty after retailers ordered too much holiday merchandise back when the economy was rosier.
Black Friday may not be the best time to get a holiday deal. Retailers often mark up items by 70 percent to 80 percent of the initial cost, said an industry veteran.
Think of Black Friday doorbusters as a starting point. Here's how you can save even more.
The 2013 holiday shopping season may end up being remembered for its sharp discounts.
CHATHAM, N.J./ LOS ANGELES/ WHITE PLAINS, NY, Nov 27- T he 2013 holiday shopping season may end up being remembered for its ugly sweaters and, for many retailers, even uglier discounts.
Some of the names on the move ahead of the open.
JCPenney CEO Mike Ullman bought 112,000 shares of JCP at $8.95 a share, according to an SEC Form 4 filling.
CNBC's Dominic Chu reports JC Penney CEO Mike Ullman has bought 112,000 shares of JCP at $8.96 per share.
Companies are making headlines after the bell Monday:
Frigid temperatures and dry weather should put consumers in the mood to shop on Black Friday weekend.