Markets closed early on the day after Thanksgiving.
Here are some highlights from the abbreviated trading day:
Dow Jones Industrial Average, S&P 500 and Nasdaq all close well into the green
S&P 500, Nasdaq both scored intraday highs at the market open
Retail stocks are taking center stage as Black Friday statistics trickle in
Online shopping appears to be outpacing traditional retail, with in-store traffic somewhat light and online and smartphone traffic gaining
Energy stocks traded higher Friday as WTI crude oil reached close to $59 per barrel
This comes as TransCanada's (TRP) Keystone XL pipeline deals with closures that will cap domestic production, and as OPEC readies for a meeting next week during which investors expect the group will extend production cuts
Teva (TEVA) Pharmaceutical Industries Ltd. shares were higher after the company reportedly decided it will cut jobs - as much as 25% of it's global workforce
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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