The U.S. stock market remained closed on Thursday for Thanksgiving Day and is scheduled to reopen on Friday with a shortened session until 1 p.m. ET. With roughly three hours of trading left in November, major indexes are positioned to close the month in the red.

Market Performance in November

• S&P 500: Down 0.4% month-to-date
• Dow Jones Industrial Average: Down 0.29%
• Nasdaq Composite: Down 2.15%, underperforming due to weakness in technology stocks

If there isn’t a significant rally during Friday’s short session, the indexes are likely to snap their recent winning streaks. The S&P 500 and Dow have posted gains for the past six months, while the Nasdaq Composite has risen for seven consecutive months.

Historically, November tends to be a strong month for equities, with the S&P 500 averaging 1.8% gains since 1950. In the year following a U.S. presidential election, it typically rises around 1.6%. However, this post-election year has not followed the usual trend, and markets may behave unpredictably in the coming months.

Key Updates for Investors

• U.S. Futures: Mostly flat on Thursday night
• Europe: Stoxx 600 rose 0.14%, recovering from earlier losses
• Alibaba: Launched Quark AI Glasses priced at 1,899 and 3,799 yuan ($268–$536), entering the consumer AI market at a lower price point than Meta’s $799 Ray-Ban Display glasses
• Apple vs. India: Apple faces a potential $38 billion fine from the Competition Commission of India over in-app purchase policies
• Russia-U.S. Talks: President Putin indicated readiness for “serious” peace discussions under a U.S.-led framework, considering Moscow’s position
• Bank of America Outlook: Predicts single-digit gains for the S&P 500 in 2026, reflecting a slowdown compared to recent years due to diminishing market support

Investors should monitor Friday’s session closely, as the shortened trading day may influence market momentum while keeping historical patterns in perspective.