Christmas shopping holds key to US rates

US stocks could take off this week as investors get their first read on the holiday shopping season.

Christmas shopping holds key to US rates
Mon, 28 Nov, 2005 - 00:00
Emily Chasan, New York

And Friday’s November jobs report may signal whether the US Federal Reserve will end its rate hikes soon, analysts said.

After five straight weeks of gains, the three major US stock indexes are set to extend the rally into December.

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CourtsPlace: USPerson: Tim GhriskeyPerson: Anthony ChanEvent: ChristmasOrganisation: US Federal ReserveOrganisation: Solaris Asset ManagementOrganisation: Federal ReserveOrganisation: Institute for Supply ManagementOrganisation: Conference BoardOrganisation: JP Morgan Asset Management
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