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Thanksgiving Holiday (US Market Closed)
billywows Elite	18-Nov-2006 20:29 billywows About Contact Quote this Post!
x 0 x 0 Alert Admin	iPunter, still have something to post on US market ah ... Heehee! Next Thursday is Thanksgiving holiday in US .... its celebrated on every fourth Thursday of November till Sunday. So US market will be closed then. Local trading will be slow too - in case some of you want to onload or offload stocks next week. ----------------------- Stocks to be range-bound as holiday approaches By Carla Mozee, MarketWatch Last Update: 6:01 AM ET Nov 18, 2006 SAN FRANCISCO (MarketWatch) -- U.S. stocks are likely to be trade in a narrow range next week with few economic reports to dictate direction as market professionals and investors wind down for the Thanksgiving holiday. Trading volume is expected to thin leading up to Thursday, when financial markets will be closed. Equity trading will finish early on Friday and the bond market will close early on Wednesday and Friday. The jump into the holiday shopping season will begin on "Black Friday," the day after Thanksgiving (24th Nov) when consumers traditionally pack the stores to look for price bargains. Market players will be keen to see how retail sales perform that day, as a yardstick for measuring demand through the full holiday season. ------------------- Trading volume is expected to thin leading up to Thursday, when financial markets will be closed. Equity trading will finish early on Friday and the bond market will close early on Wednesday and Friday. The jump into the holiday shopping season will begin on "Black Friday," the day after Thanksgiving (24th Nov) when consumers traditionally pack the stores to look for price bargains. Market players will be keen to see how retail sales perform that day, as a yardstick for measuring demand through the full holiday season. -------------------
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