Another winning week for the stock market amid thinner holiday trading conditions
@jfsrevg:
It was another winning week for the stock market amid thinner holiday trading conditions. S&P 500$S&P 500(.SPX)$ is up 1.5%, while tech heavy Nasdaq Composite$NASDAQ(.IXIC)$ also closed the week on a positive note with a gain of 0.7%. The gains were consistent with a seasonal bias considering the market normally trades with a positive disposition during Thanksgiving week.Friday’s U.S. jobs report for November will be the main highlight of the coming week as investors remain hopeful that the Federal Reserve will soon slow the pace of rate hikes. Remarks by Fed Chair Jerome Powell mid-week will be closely watched. PMI data will also be under the spotlight amid concerns over a resurgence of CO