It’s the day before Thanksgiving, so unlike many of us after stuffing ourselves on turkey and dressing, trading today could be thin
Chinese Commerce Ministry says both sides have agreed to discussions
President Trump said the world’s two largest economies were getting close to a deal. And the Chinese Commerce Ministry said negotiators from both sides had agreed to discussions about a partial trade deal. The company’s CEO cited trade tensions and difficult growing and harvesting conditions in causing many farmers to be cautious about buying new equipment.
On the other end of the spectrum, Dollar Tree fell more than 15%, after the company came up short of analysts’ earnings expectations. Decent weather around the nation heading into Thanksgiving may have had people shopping earlier this year, as perhaps have early deals from some companies. Couple those factors with Amazon regularly offering products at discounted rates and the increased importance of Cyber Monday sales and Black Friday’s impact this year may not be as high as in past years.
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