To­day

Daily Freeman (Kingston, NY) - - BUSINESS -

Thanks­giv­ing Day

The ma­jor U.S. stock ex­changes will be closed to­day for Thanks­giv­ing.

The New York Stock Ex­change and Nas­daq mar­ket will re­open for busi­ness on Fri­day. How­ever, trad­ing will close at 1 p.m. EST.

Ready, set, shop!

Will hol­i­day sea­son shop­pers spend more on gifts this year than in 2015?

Re­tail­ers will be­gin to get a feel for that on Black Fri­day, the tra­di­tional start to the annual hol­i­day shop­ping sea­son. All told, the National Re­tail Fed­er­a­tion projects that shop­pers will spend $655.8 bil­lion in Novem­ber and De­cem­ber. That would be a gain of 3.6 per­cent from a year ago.

Dine and dash

As in re­cent years, many re­tail­ers are hop­ing shop­pers won’t wait un­til Black Fri­day to do some bar­gain-hunt­ing.

Sev­eral big re­tail­ers are open­ing doors to­day, in­clud­ing J.C. Pen­ney, Kohl’s, Best Buy, Wal-Mart Stores and Tar­get. For shop­pers who’d rather skip the crowds, J.C. Pen­ney and Kohl’s are among the big re­tail chains that are also mak­ing their door-buster deals avail­able on­line.

AP

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