World Week Ahead Data may help extend rally

Sun, 24 Nov 2013

By Margreet Dietz Nov. 25 (BusinessDesk) – The Wall Street party is poised to continue as investors head into a Thanksgiving-shortened week culminating in Black Friday which will show if the American consumer is confident enough of the outlook to spend big this holiday season. In the past five days, the Standard & Poor’s 500 Index rose 0.37 percent, the Dow Jones Industrial Average climbed 0.65 percent, and the Nasdaq Composite Index added 0.14 percent. Both the S&P 500 and the Dow closed at record highs on Friday; the S&P 500 finished ab...

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