Here are the most important things to know about Monday before you hit the door.
, ending a 35-month expansion period where the PMI averaged 56.5, according to ISM. The manufacturing gauge had its lowest reading since June 2009 in September as exports dived amid the escalated trade war.2. First trading day of December
Monday is the first day of trading in the last month of 2019. Will the market finish the year strong?since 1950, up 1.6%, according to Stock Trader's Almanac. Last year was an outlier, as stocks suffered its worst December since the Great Depression. The S&P 500 just scored its best month since June in November, up more than 3.5%. The rising optimism about a U.S.-China trade deal and receding recession fears have pushed stocks to record highs in recent weeks. While
for the stock market, the outcome of trade discussions between the U.S. and China could make or break the rally.on Thanksgiving Day, and Black Friday online sales was already up 19% by mid-morning. How big is Cyber Monday going to be? This is the first year Thanksgiving spending as surpassed $4 billion, boosted by a 244% increase in sales from e-commerce, according to data released by Adobe.are expected to make a purchase on Black Friday and Cyber Monday. Cyber Monday sales are forecast to grow by nearly 20% to $9.4 billion, according to Adobe.10:00 a.m. Construction Spending
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