US stock indexes showed minimal movement in early trading before a brief session due to Thanksgiving.
Optimism about a peak in interest rates hints at Wall Street continuing its streak of weekly gains.
The top three US stock indexes may see their fourth week of gains, fueled by expectations of an end to Federal Reserve rate hikes and the robustness of the world’s leading economy.
The S&P 500 is close to achieving a new yearly high, just 1% shy of the mark.
Attention is on retailers gearing up for Black Friday, anticipated to kickstart a record-breaking shopping season leading up to Christmas.
US stock markets closed for Thanksgiving on Thursday, will have a shortened trading session ending at 6 pm UK time.
In early trading, the Dow Jones Industrial Average rose by 0.2%, the S&P 500 increased by 0.1%, and the Nasdaq 100 decreased by 0.1%.
