Local bourse may enjoy 'Thanksgiving rally'
THIS week, "revenge rebound" or a "Thanksgiving rally" could materialise in the local bourse after the key Straits Times Index lost 1.1 per cent over the previous week as the earnings season wound down - that is, if this year's persistent trend of a correction followed by a bullish trend is anything to go by.
That could however be challenged by Wall Street's outing last Friday with US key stock indices - Dow Jones Industrial Average and the…
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