The US week ahead: A short week, Thanksgiving and Black Friday
16th November 2018 16:50
by 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.Â
Monday 19 November
•   Intuit Inc (INTU)Â
•   JD.com Inc (JD)Â
•   Agilent Technologies Inc (A)Â
Tuesday 20Â November
•   TJX Companies Inc (TJX) Â
•   Medtronic (MDT)Â
•   Lowe's Companies Inc (LOW)Â
•   Target Corp (TGT)Â
•   Ross Stores Inc (ROST)Â
•   Analog Devices Inc (ADI)Â
•   Autodesk Inc (ADSK)
•   Best Buy Co Inc (BBY)Â
•   Kohl's Corporation (KSS)Â
•   Gap Inc (GPS)Â
•   Foot Locker Inc (FL)
Wednesday 21Â November
•   Deere & Co (DE)
Source: nasdaq.com
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