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US stocks trending downward after Thanksgiving holiday weekend: report
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TOKYO — U.S. equity futures are trading down Monday, hours before the opening bell, days after the Dow Jones Industrial Average closed above 30,000 points for the first time last week and following the Thanksgiving holiday.
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The Dow stood at 29,637, down 237 points (-0.80%), while the tech-heavy Nasdaq was down 32.25 (-0.26%) at 12,225.25 and the S&P was in the red 24.25 (-0.67%) at 3,612.25.
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In a half day of Wall Street trading on Friday, the benchmark index S&P 500 rose 0.2%, led by gains in technology companies, closing at an all-time high of 3,638.35. The Nasdaq also set a record, helped by gains in Apple, Tesla, Zoom and other tech companies.
Meanwhile, Asian shares slipped Monday on renewed caution despite a record high finish on Wall Street last week driven by hopes for a COVID-19 vaccine and relief for the global economy.