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Stock futures rise slightly as market enters holiday-shortened week
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cnbc.comStock futures rose slightly in overnight trading on Sunday ahead of the holiday-shortened week, a historically seasonally strong period for Wall Street.
Futures on the Dow Jones Industrial Average gained 55 points. S&P 500 futures edged up 0.1% and Nasdaq 100 futures climbed 0.2%.
U.S. markets will be closed Thursday on Thanksgiving Day. The stock market closes early at 1 p.m. ET on Friday.
Stocks have a track record of posting gains in Thanksgiving week, which will potentially set the stage for a year-end Santa rally.
Since 1950, the last five trading days of November have been traditionally positive, according to Sam Stovall, chief investment strategist at CFRA. Meanwhile, there's a two-thirds likelihood the market is up on the day before
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