The stock markets in the US will be closed Thursday for Thanksgiving.
There will be trading in the futures markets – including stocks, oil and gold – until 13.00 ET. Futures trading will resume at 18.00
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The the bond market will be closed, so there will be no trading in US government bonds.
When Wall Street returns to work on Friday, it will be a shortened session, with stock markets trading for half a day closing at 1[ads1]3.00 EST. US bond markets will close at 14:00 EST.
The markets in London, France and Germany will be open for trading on Thursday.
Asian stock markets were mixed on Thursday after Federal Reserve officials indicated they were ready to raise interest rates faster than expected if needed to cool inflation.
The Nikkei 225 in Tokyo rose 0.7%, the Hang Seng in Hong Kong rose 0.2% and China’s Shanghai Composite Index fell 0.2%.
|Me: DJI||DOW JONES AVERAGE||35804.38||-9.42||-0.03%|
|I: COMP||NASDAQ COMPOSITE INDEX||15845.225709||+70.09||+0.44%|
On Wednesday, the S&P 500 rose 0.2% to 4,701.46. Gains in technology, real estate and energy stocks offset a fall in banks and materials companies.
The Dow Jones Industrial Average fell less than 0.1% to 35,804.38. The Nasdaq composite rose 0.4% to 8,845.23.
FED PREPARED TO INCREASE INTEREST RATES IF INFLATION REMAINS HIGH, MINUTES SHOW
Fed officials at their October political meeting said they “would not hesitate” to respond to inflation, according to notes released on Wednesday. They foresaw the possibility of raising prices “rather than the participants tentatively expected”.
Consumption consumption rose 1.3% in October, slightly more than double the increase last month, according to the Ministry of Trade.
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The Department of Labor reported that the number of Americans applying for unemployment benefits fell last week to the lowest level in more than half a century.
The Associated Press contributed to this report.