Stock Market Week Ahead: A Trillion-Dollar Shopping Season

Market Performance - The stock market experienced a slight recovery on Friday, but the Nasdaq recorded its third consecutive weekly loss, closing 7% below its late-October high [1] - The S&P 500 also ended the week lower, marking its second down week this month, with a decline of nearly 5% [1] Sector Highlights - The Dow Jones index showed stronger performance compared to other indexes, indicating a potential divergence in sector performance [2] - Retail sales data is anticipated in the upcoming Thanksgiving week, which may influence market sentiment and performance [2] Earnings Outlook - Upcoming earnings reports from major companies like Alibaba and Dell are expected to be pivotal, as they may determine whether these stocks can reverse their recent downward trends [4] - Concerns regarding profit margins have been raised for Dell and other computer manufacturers, which could impact their stock performance [4] - Companies like IREN and Cipher Mining have seen significant stock surges due to AI cloud deals with major players like Microsoft and Amazon Web Services [4]