Slow trading like today’s session is expected to feature can leave the market vulnerable to outsized moves based on headlines. Meanwhile, shoppers are expected to hit the stores on what is traditionally an important day for retailer sales. The RUT hit a string of 52-week highs earlier this week. Cause for Optimism: Some market watchers think the rally in the RUT is an indicator of health in the broader market gains we’ve been seeing recently. That “adds credence” to the string of records the S&P 500 and Nasdaq-100 have posted since late last month, he said.
Source: Forbes November 29, 2019 14:48 UTC