This morning (PST), DJIA, S&P500 are in mild red and Nasdaq Composite is in mild green. Markets appear to be assimilating news that are mostly supporting the ongoing narrative. Black Friday sales reached record levels and Cyber Monday is estimated to do better. New home sales dropped more than estimated in October. Later in the week we should see economic data such as revised GDP numbers for Q3, PCE etc. that might add more color to the current market sentiment.
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