Thursday 26 November 2020: Trading volumes lighter than usual ahead of the Thanksgiving Day holiday
Nov 25, 2020 ·
4m 47s
•US equity markets retreated after the all of the Dow, S&P500 and Russell 2000 indices carved out record closing highs in the previous session, with trading volumes lighter than usual...
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•US equity markets retreated after the all of the Dow, S&P500 and Russell 2000 indices carved out record closing highs in the previous session, with trading volumes lighter than usual ahead of the Thanksgiving Day holiday - Dow down -174-points or -0.58% at 29,872.47. The broader S&P500 slipped -0.16%, with Energy down -2.4%. The technology-centric Nasdaq gained bucked the weaker trend with a +0.48% gain and booked its first fresh record closing high (12,094.40) in three months. Tesla Inc advanced for a third straight session (and the sixth time in the past seven trading days), up +%. The electric vehicle maker’s market capitalisation is now ~US$543B, just shy of Warren Buffet’s Berkshire Hathaway Inc at ~US$547B. The small capitalisation Russell 2000 index lost -0.46%
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