Here's what the Black Friday carnage may mean for the stock market's trade Monday, analysts say
The new, fast-spreading B.1.1.529 strain of coronavirus declared a variant of concern by the World Health Organization roiled global markets on Black Friday, raising concerns about how the economy and Wall Street may perform in the coming week, following a selloff that wiped out November gains for the S&P 500 index and the Nasdaq Composite and sent the Dow Jones Industrial Average down by the most in a day since Oct. 28, 2020.What isn't clear is whether the latest coronavirus development will do
Some of the stocks that may grab investor focus today are:
Wall Street expects Best Buy Co Inc (NYSE: BBY) to report quarterly earnings at $1.91 per share on revenue of $11.56 billion before the opening bell. Best Buy shares rose 0.7% to $139.00 in after-hours trading.