The U.S. equity markets are relatively quiet ahead of Thanksgiving, but will there be some stock cheer the week after Black Friday and for the rest of the holiday season? Historically and on average, the U.S. Markets have been up on the week after Thanksgiving Day and continued to uptrend from Thanksgiving to Christmas Day. The Nasdaq Composite has averaged best of the major indexes for the period of Thanksgiving Day through Christmas, up an average of 1 % and up 61% of the time, while the Dow & S&Phave average gains of 0.54% & 0.56% for the same period.
>> Investors Thankful for Gains This Year
Here is a look at the major U.S. Indexes, 1-week after Thanksgiving Day and almost 1 month after until Christmas Day. So let the festivities begin!
Dow since 1900:
S&P since 1928:
Nasdaq Composite since 1971:
Leading the Dow slightly higher today are: Caterpillar, Chevron , Boeing , DuPont, and Procter & Gamble .
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