Market Wrap-Up for Nov.26 (FCX, MA, SPG, AEM, NEM, more)

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The markets got off to a shaky start this morning as overseas markets were in worry mode about the tensions in the Korean peninsula, as well as the lingering economic concerns surrounding Ireland and possibly other European countries.

The trading in the day after Thanksgiving is almost always on the light side as the equity markets closed early (1:00pm Est.). This was always a day I did very little on, but was a great day going through my accounts to make sure my positions were what I expected, and that I had not inadvertently made any transaction errors over the course of time. It happens to the best of investors, so be sure to double-check all your transactions every so often.

Some of the names that pushed us lower today were Freeport McMoran ( FCX ), Mastercard ( MA ), PetroChina ( PTR ), and Simon Property Group ( SPG ). Gold-mining plays also lagged, with Agnico-Eagle Mines ( AEM ), and Newmont Mining ( NEM ) both lower. Del Monte Foods ( DLM ) bucked the early drop on news the company is going to be acquired. Private equity firms are continuing to make their moves. They will look geniuses if the equity markets hold up well, as the usual plan is to unlock hidden values and streamline operations in order to get the company ready for either a sale or IPO in due time.


Looking ahead to next week, earnings will be extremely light, with notables such as Barnes & Noble ( BKS ) and Kroger ( KR ) coming out with earnings results. Be sure to catch up with our latest watchlist updates this weekend on Dividend.com Premium, and as always, you can view our current recommendations on our industry-leading Best Dividend Stocks List.

Have a great weekend everybody, and thanks for reading!

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Stocks

Referenced Stocks: AEM , BKS , DLM , FCX , KR

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