You are here

WALL STREET INSIGHT

Bullish tone seen this week

Traders look for a strong start to the holiday-shopping season in the markets

BT_20141201_RCCOL1KGS7_1391234.jpg
Every day last week, Walmart offered the kind of "door-buster" deals that were traditionally limited to the Friday after Thanksgiving and, more recently, to the whole Thanksgiving weekend.

STOCKS inched higher last week as a crash in oil prices supported an apparent boom in holiday sales. Tradition suggests the bulls will stay in control this week.

The descent in oil prices reached historic proportions last week, and they are now down by almost half from the summer peak.

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom