On this day one year ago:
The S&P 500 rose 4.82 points to 1,181.76 after reports on jobless claims and housing starts were better than expected. Shares of Google rose $7.24 to $174.76 after a Goldman analyst initiated coverage on the stock with an "outperform" rating.
Going back to 1950, the S&P 500 has risen 43 out of 55 times (78%) on the day before Thanksgiving for an average gain of 37 bps.
Comments