Friday will be a shortened trading session for Wall Street.
(NYSE)
Stock futures pointed higher Friday as Wall Street returned for a shortened trading session following the Thanksgiving holiday. Retailers will be in focus on Black Friday, which marks the unofficial start to the Christmas shopping season.
These stocks were poised to make moves Friday:
Retail sales have been forecast to rise this season between 3% and 5% from last year, putting the increase roughly in line with the average annual increase over the decade before the Covid-19 pandemic, according to estimates from the National Retail Federation.
Walmart
(WMT), the world’s largest retailer, is well positioned heading into the holidays, said Oliver Chen, an analyst at TD Cowen.
Walmart
has done a…
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