5 things to know before the stock market opens on Friday | Wilnesh News

Here are the most important news investors need to start their trading day:

U.S. stocks will have a shortened trading day on Friday after the Thanksgiving holiday on Thursday. Stocks fell ahead of the holidays and some investors appeared to be trimming their holdings of major technology companies. Nonetheless, both Dow Jones Industrial Average and S&P 500 Index hovering near all-time highs. Wednesday provided some new clues about the Fed’s future policy path, as year-on-year inflation of 2.3% was in line with expectations and the central bank’s latest meeting minutes indicated that the Fed plans to gradually cut interest rates if price rises continue to slow. Follow real-time market updates.

2024 presidential election It may also have an impact on consumers’ purchasing behavior this year. Voters who backed President-elect Donald Trump appear to have a better outlook on the economy than those who backed Vice President Kamala Harris, which could affect spending by each group. Shipping data from the two weeks after the election also suggest shoppers in red states may be opening their wallets more after Trump wins.

India’s economic expansion slowed in the second fiscal quarter. its economy Growth during the period was 5.4%, lower than expected and the lowest level in the past two years. Economists expect economic activity in the world’s most populous country to continue to slow through 2025.

Elon Musk and Vivek Ramaswamy lead Trump’s so-called Department of Government Effectiveness, Will meet with Republican congressional leaders on December 5. cuts and cost savings”. While Musk and Ramaswamy have proposed deep cuts to the federal workforce and even eliminating entire agencies, it remains to be seen how much influence they can have.