Interactive Investor

The US week ahead: A short week, Thanksgiving and Black Friday

16th November 2018 16:50

Lee Wild from interactive investor

US third-quarter earnings season all-but-concludes in the coming week, the country prepares its turkeys for Thanksgiving celebrations, followed by the retail festival that is Black Friday.

Traders note it's a short trading week, with US markets closed on Thursday 22nd November and closing early at 13:00 EST (18:00 GMT) on Friday 23rd November.

The tradition for closing markets early the day after Thanksgiving began in 1992 – due to thin trading volume, the large number of traders who take the day off, and a nearly blank economic calendar – and has continued since.

In the corporate calendar, the three main sectors in focus on Monday and Tuesday are retail, technology and healthcare. Wednesday's solitary large-cap company announcement comes from manufacturing company Deere & Co. 

Monday 19 November

•    Intuit Inc (INTU) 
•    JD.com Inc (JD) 
•    Agilent Technologies Inc (A) 

Tuesday 20 November

•    TJX Companies Inc (TJX)  
•    Medtronic (MDT) 
•    Lowe's Companies Inc (LOW) 
•    Target Corp (TGT) 
•    Ross Stores Inc (ROST) 
•    Analog Devices Inc (ADI) 
•    Autodesk Inc (ADSK)
•    Best Buy Co Inc (BBY) 
•    Kohl's Corporation (KSS) 
•    Gap Inc (GPS) 
•    Foot Locker Inc (FL)

Wednesday 21 November

•    Deere & Co (DE)

Source: nasdaq.com

You can find out more about the US markets and how to trade US shares with interactive investor here
 

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Related Categories

    North America
    Consumer goods and services
    Technology
    Health care
    Industrials