- Wall Street's main indexes opened higher after Thanksgiving break.
- Nasdaq Composite hit a fresh record high after the opening bell.
- S&P 500 Technology Index is up 0.7% in the early trade.
Major equity indexes in the US started the last day of the week in the positive territory. As of writing, the S&P 500 Index was up 0.38% at 3,643, the Dow Jones Industrial Average was gaining 0.45% at 30,007 and the Nasdaq Composite was trading at a fresh record high of 12,240, advancing 0.7%.
In the absence of significant macroeconomic data releases and fundamental drivers, risk flows continue to dominate financial markets.
Reflecting the upbeat market mood, the defensive Real Estate Index and the Utilities Index decline by 0.72% and 0.36%, respectively. On the other hand, the Technology Index is up 0.65% as the best performing major sector in the early trade.
US stock markets will close early in observance of the Thanksgiving Day holiday on Friday.
S&P 500 chart (daily)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.