Posted 11/28/2023, 3:18:52 PM
Stocks Stall as Investors Weigh Signs of Slowing Growth
- Stocks tread water on Tuesday as November rally slows down, with major indexes opening flat
- Investors cautious as they weigh signs of economic softness and potential overdone stock gains
- Consumer confidence ticks up in November but remains at levels signaling likelihood of recession
- Retail stocks in focus as holiday shopping kicks off after Black Friday weekend
- Oil prices climb with Brent crude above $80/barrel on weaker dollar and expectations for more OPEC+ output cuts