Last week was relatively quiet for traders on the leading western stock platforms. The US market worked a shorter week and registered a lower turnover in connection with the celebration of the Thanksgiving Day; however, it finished one more week in the “green” zone.
The main positive news that influenced the US stock market was the information about upgraded estimates of the US GDP growth in the third quarter from 3.5% to 3.9%. In terms of its significance, this news item outweighed an unexpected drop of the Consumer Confidence Index in November, a growing number of applications for unemployment benefit and a weak indictor of new homes sales.
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