How did stock futures perform on Thanksgiving?
Stock futures were fractionally higher early Wednesday, the final full day of trading ahead of the Thanksgiving holiday. Near 7:00 a.m. ET, futures contracts tied to the S&P 500, Dow, and Nasdaq were all higher by more than 0.1%, with a 0.27% advance on Nasdaq futures pacing markets.
What's happening on Wednesday morning?
On the economic data front, Wednesday morning is set to be busy with data on jobless claims, manufacturing activity, consumer sentiment, and new home sales all set for release.
Is the stock market like a coiled spring?
"The market is like a coiled spring," BMO Capital Markets' chief investment strategist Brian Belski told Yahoo Finance Live on Tuesday. "I think the market is going to continue to...climb higher. I do really think that there's a good shot that we're going to be well above 4,000 at year-end."
Why did Nordstrom stock drop 9% early Wednesday?
Nordstrom shares dropped as much as 9% early Wednesday after reporting a sales decline in its most recent quarter and forecasting lower profits for the full year.
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