According to Deep Tide TechFlow news, on November 28, the U.S. stock market will be closed on Thursday for Thanksgiving and will reopen on Friday at 1 PM Eastern Time (2 AM Beijing time the next day). According to CNBC, with only about 3 hours of trading left this month, the main U.S. stock indices are expected to end November with a decline. As of Wednesday's close this month, the S&P 500 index has fallen by 0.4%, the Dow has dropped by 0.29%, and the Nasdaq has decreased by 2.15%. Unless the U.S. stock market sees a significant rise in the shortened trading period on Friday, the stock indices are about to end their winning streak: the S&P 500 and Dow have risen for 6 consecutive months, while the Nasdaq has increased for 7 months. This will also mark a deviation from historical norms. According to data from Stock Trader's Almanac, since 1950, the average rise for the S&P 500 index in November has been 1.8%. In presidential election years, this index typically rises by 1.6%. However, this year is not a typical presidential election year. It will be difficult to see the market follow any historical trajectory in the coming months or even years. ( Jin10 )
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