Stocks higher Friday morning as shopping season starts - WKOW 27: Madison, WI Breaking News, Weather and Sports

Stocks higher Friday morning as shopping season starts

Posted:
By Dani Maxwell - email

NEW YORK (WKOW) -- U.S. stocks ticked higher Friday morning during the unofficial start of the holiday shopping season.

Experts say retail is a key factor in the economy. Consumer spending accounts for about 70 percent of it. Analysts say shopping trends on Black Friday may give a good indication of what shoppers will do over the next few weeks. November and December account for as much as 40 percent of a retailer's annual revenue.

Dow Jones industrial futures are up 22 points Friday morning to 12, 822. S&P futures went up 2.1 points to 1290.40. The Nasdaq was up eight points to 2,604.

Wall Street closes early Friday, at 1:00 p.m. Eastern time.

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