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5 things to know before the stock market opens Monday

in Markets

Happy Thanksgiving Week. We may have a shortened trading schedule, with U.S. markets closed Thursday for the holiday and only open until 1 p.m. ET Friday, but there’s no shortage of intrigue. Equities slumped a bit last week, but closed strong Friday as investors weighed a vareity of retailer earnings (more on that below) and a new round of Fed speak as Federal Reserve officials largely stuck to their plans to raise rates to bring down inflation. Some market watchers think a bottom could be near. “The final move of the bear market probably comes next year in the first quarter, when the earnings finally catch up to where we think they’re going to be next year,” Mike Wilson, Morgan Stanley’s Chief U.S. Equity strategist, told CNBC. Read live market updates here.

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