Black Friday Focus of Investors

By Caroline Valetkevitch NEW YORK (Reuters) - Expectations about Black Friday, when Americans traditionally get serious about holiday shopping, could sway stocks next week if it looks like the economy will get a pop from consumer spending. The outcome of talks to shape a bailout for Ireland could also move stocks, analysts said, but they cautioned that other highly indebted euro zone countries could still be a source of worry. Even though light volume will define trade during the holiday-shortened week of Thanksgiving Day on Thursday, investors will watch to see if retail sales appear strong enough to give the market a Santa Claus rally. The lighter-than-average volume expected next week could lead to exaggerated moves in the market after a week of sharp losses and advances. Further gains would resume an uptrend that began at the end of the summer, with the Standard & Poor's 500 index up 14 percent since August 31. The market was little changed this week and suffered losses the...

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