{"id":88454,"date":"2023-11-24T17:57:22","date_gmt":"2023-11-24T22:57:22","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/us-stocks-mixed-black-friday-sales-in-focus-in-shortened-trading-day\/"},"modified":"2023-11-24T17:57:22","modified_gmt":"2023-11-24T22:57:22","slug":"us-stocks-mixed-black-friday-sales-in-focus-in-shortened-trading-day","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=88454","title":{"rendered":"US stocks mixed; Black Friday sales in focus in shortened trading day"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters <\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p dir=\"ltr\">Investing.com &#8212; U.S. stocks traded in a mixed fashion Friday in thin trading, at the start of a shortened trading day.<\/p>\n<p dir=\"ltr\">By 09:30 ET (14:30 GMT), the \u00a0rose 75 points, or 0.2%, the  traded largely flat, while the  dropped 10 points, or 0.1%.<\/p>\n<p dir=\"ltr\">These major averages are all on pace for hefty monthly gains, as economic data has tended to fuel optimism that the Federal Reserve&#8217;s campaign of interest rate hikes may have peaked.<\/p>\n<p dir=\"ltr\">The Nasdaq has rallied 11% so far in November. The DJIA has advanced nearly 7%, and the S&amp;P 500 is up more than 8%.<\/p>\n<p dir=\"ltr\">The news that Israel and Hamas are set to start a four-day truce today, with the release of a first group of 13 Israeli women and child hostages expected later in the day, has also helped sentiment.<\/p>\n<h2 dir=\"ltr\"><strong>PMIs headline the data slate<\/strong><\/h2>\n<p dir=\"ltr\">There\u2019s little on the economic data slate Friday, although the November  and  purchasing managers&#8217; indices from financial information group S&amp;P Global will attract some attention.<\/p>\n<p dir=\"ltr\">These indices are often seen as proxies for economic activity in the world&#8217;s largest economy, with the manufacturing PMI expected to have dipped to 49.8, down from 50.0 in October, the mark that separates contraction from expansion. The services PMI is seen falling to 50.4, down from 50.6 the prior month.<\/p>\n<p dir=\"ltr\">The equivalent data from the eurozone, released earlier Friday, suggested the bloc&#8217;s economy will contract again this quarter as consumers continue to rein in spending, likely resulting in a mild recession in one the U.S.\u2019s major trading partners as the year ends.<\/p>\n<h2 dir=\"ltr\"><strong>Black Friday launches sales spree<\/strong><\/h2>\n<p dir=\"ltr\">The retail sector will be in the spotlight during the session, as today is Black Friday, the annual sales spree that typically kicks the crucial holiday shopping season into full gear.\u00a0<\/p>\n<p dir=\"ltr\">A record 130.7 million people are expected to shop in-store and online in the U.S. on Black Friday this year, according to a survey conducted in early November by the National Retail Federation, a U.S. retail trade group..<\/p>\n<p dir=\"ltr\">However, with many shoppers facing financial pressure, U.S. holiday spending is expected to rise at the slowest pace in five years.\u00a0<\/p>\n<p dir=\"ltr\">Elsewhere, Nvidia (NASDAQ:) stock fell 0.8% after the chipmaker\u00a0delayed the launch of its new artificial intelligence chip, the H20, in China, a product designed to comply with U.S. export rules.<\/p>\n<p dir=\"ltr\">Apple (NASDAQ:) stock fell 0.4% after data\u00a0from Counterpoint Research indicated that the tech giant saw a decline in the number of smartphones sold during China&#8217;s recent Singles Day shopping festival, lagging domestic rivals Huawei and <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Xiaomi <\/span><\/span> (HK:) which recorded robust increases.<\/p>\n<p>Vista Outdoor (NYSE:) stock jumped 2.6% after the American sporting goods firm announced that it had received an unsolicited cash-and-stock merger offer from Czech gunmaker Colt CZ Group.<\/p>\n<h2 dir=\"ltr\"><strong>Oil mixed ahead of OPEC+ meeting<\/strong><\/h2>\n<p dir=\"ltr\">Oil prices retreated Friday, but remained on course for the first positive week in five ahead of next week\u2019s OPEC+ meeting to discuss future output levels.\u00a0<\/p>\n<p dir=\"ltr\">By 09:30 ET, the  futures traded 1.2% lower at $76.17 a barrel, while the  contract was 0.2% lower at $81.27 a barrel. Both contracts were up over 0.5% for the week, gaining after an extended rout brought prices to near four-month lows.<\/p>\n<p dir=\"ltr\">Traders still expect the Organization of the Petroleum Exporting Countries and allies, including Russia, a group known as OPEC+, to agree to more supply cuts to boost prices.<\/p>\n<p dir=\"ltr\">However, the OPEC+ meeting was delayed to Nov. 30, having originally been scheduled for Sunday, prompting speculation of disagreements between member countries over planned production cuts.<\/p>\n<p dir=\"ltr\">Additionally,  rose 0.2% to $1,996.40\/oz, while  traded 0.1% higher at 1.0909.<\/p>\n<h2 dir=\"ltr\">\u00a0<\/h2>\n<p>\u00a0<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/us-stocks-edge-higher-black-friday-sales-in-focus-3242619\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters Investing.com &#8212; U.S. stocks traded in a mixed fashion Friday in thin trading, at the start of a shortened trading day. By 09:30 ET (14:30 GMT), the \u00a0rose 75 points, or 0.2%, the traded largely flat, while the dropped 10 points, or 0.1%. These major averages are all on pace for hefty monthly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-88454","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US stocks mixed; Black Friday sales in focus in shortened trading day | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters Investing.com -- U.S. stocks traded in a mixed fashion Friday in thin trading, at the start of a shortened trading day. By 09:30 ET (14:30 GMT),\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=88454\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US stocks mixed; Black Friday sales in focus in shortened trading day | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters Investing.com -- U.S. stocks traded in a mixed fashion Friday in thin trading, at the start of a shortened trading day. By 09:30 ET (14:30 GMT),\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=88454\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-24T22:57:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/moved_LYNXMPEI170U9_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"534\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=88454#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=88454\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"US stocks mixed; Black Friday sales in focus in shortened trading day\",\"datePublished\":\"2023-11-24T22:57:22+00:00\",\"dateModified\":\"2023-11-24T22:57:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=88454\"},\"wordCount\":600,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=88454#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=88454\",\"url\":\"https:\/\/ifintechworld.com\/?p=88454\",\"name\":\"US stocks mixed; Black Friday sales in focus in shortened trading day | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-11-24T22:57:22+00:00\",\"dateModified\":\"2023-11-24T22:57:22+00:00\",\"description\":\"\u00a9 Reuters Investing.com -- U.S. stocks traded in a mixed fashion Friday in thin trading, at the start of a shortened trading day. By 09:30 ET (14:30 GMT),\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=88454#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=88454\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=88454#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US stocks mixed; Black Friday sales in focus in shortened trading day\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"US stocks mixed; Black Friday sales in focus in shortened trading day | iFintechWorld","description":"\u00a9 Reuters Investing.com -- U.S. stocks traded in a mixed fashion Friday in thin trading, at the start of a shortened trading day. By 09:30 ET (14:30 GMT),","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=88454","og_locale":"en_US","og_type":"article","og_title":"US stocks mixed; Black Friday sales in focus in shortened trading day | iFintechWorld","og_description":"\u00a9 Reuters Investing.com -- U.S. stocks traded in a mixed fashion Friday in thin trading, at the start of a shortened trading day. By 09:30 ET (14:30 GMT),","og_url":"https:\/\/ifintechworld.com\/?p=88454","og_site_name":"iFintechWorld","article_published_time":"2023-11-24T22:57:22+00:00","og_image":[{"width":800,"height":534,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/moved_LYNXMPEI170U9_L.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=88454#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=88454"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"US stocks mixed; Black Friday sales in focus in shortened trading day","datePublished":"2023-11-24T22:57:22+00:00","dateModified":"2023-11-24T22:57:22+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=88454"},"wordCount":600,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=88454#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=88454","url":"https:\/\/ifintechworld.com\/?p=88454","name":"US stocks mixed; Black Friday sales in focus in shortened trading day | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-11-24T22:57:22+00:00","dateModified":"2023-11-24T22:57:22+00:00","description":"\u00a9 Reuters Investing.com -- U.S. stocks traded in a mixed fashion Friday in thin trading, at the start of a shortened trading day. By 09:30 ET (14:30 GMT),","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=88454#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=88454"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=88454#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"US stocks mixed; Black Friday sales in focus in shortened trading day"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/88454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=88454"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/88454\/revisions"}],"predecessor-version":[{"id":88455,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/88454\/revisions\/88455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/18612"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}