Global stocks rise in thin post-Thanksgiving trading

NEW YORK, United States – Global stocks mostly rose Friday, extending a positive winning streak based in part on expectations that the Federal Reserve will cut interest rates again next month. US indices completed a week of gains in a lightly traded half-session following Thursday’s Thanksgiving holiday. Stocks rose all four days the market was open. READ: US Fed official backs further rate cut due to weak job market “Stocks have erased November’s losses during today’s shortened trading session, as confidence of a December rate cut coincide with favorable seasonals for markets,” said a note from Interactive Brokers’ Jose Torres […]...

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