EDITOR'S NOTE
Thanksgiving usually gives stock investors reasons to be thankful.
In the past 66 years, the Dow Jones Industrial Average has only posted 16 losses on the Wednesday and Friday surrounding the holiday, combining results from the two days, according to the Stock Trader’s Almanac.
Notably, however, two of those 16 times were the past two years, writes CNBC's Yun Li, so we'll see what happens starting tomorrow.
Longer term, stock investors may have to come to grips with an economy that continues slowing.
On Tuesday, the Conference Board released consumer confidence numbers that were down for the fourth consecutive month. And Dallas Federal Reserve President Robert Kaplan told CNBC that he expects U.S. economic growth to slow substantially in the fourth quarter because the trade war has pushed businesses to cut inventories.
“We think the fourth quarter is going to be weak,” he said.
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